Can Company Trading of Shares

This query is : Resolved 

10 March 2010 a private limited company engaged in manufecharing business that Company can trading shares and securities in recognised stock markets

10 March 2010 If the company wants to do business of trading in securities then the business should be either one of its main objects or if it is in other objects, then approval should be obtained from members for taking up that business u/s. 149(2A).


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