Disposal of Asset
This query is : Resolved
11 March 2010
A Private Limited Company that is NOT a subsidiary of a public company disposes off its assets. Does this require the approval of shareholders.
Please quote necessary sections for the same.
Thank You
Radhe Krishna
Please quote necessary sections for the same.
Thank You
Radhe Krishna
11 March 2010
No there is no restriction on disposal of asset to take approval of shareholder
Section might be 293
Section might be 293
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