banner_ad

lease to a farm

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 February 2009 can a company transfer agriculture land under lease to a farm in which all directors are partner?
Profile Image

CA. B.SRINIVASULU

Profile Image

CA. B.SRINIVASULU (Expert)
07 February 2009 It depends on the status of the company ie wheter public or private and if is public whether the paid up capital is more than one crore. If you could provide these details then the correct answer can be given.
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Querist)
10 February 2009 it is a pvt ltd company and sharev capital is Rs.1 crore
Profile Image

CS Mukesh Arora

Profile Image

CS Mukesh Arora (Expert)
26 March 2009 Yes, provided the Board resolution is approved by the general meeting, since all the directors are interested in the resolution
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details