Dear frnds
Kindly let me know whether a board resolution is requried to purchase a fixed asset in case of private limited company
if yes then provide me the format thereof
Thanks with regards
Menu
Board resolution
Replies (4)
As a matter of good corporate practice, you can enter it in your minutes.
| Originally posted by : Anil Dhiman | ||
 |
As a matter of good corporate practice, you can enter it in your minutes. |  |
So it means we are not required if we wish then we do else no matter
That is perfectly right. There is no compulsion because it does not attract any provisions of Companies Act.
Thanks with best wishes
Recent Threads
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
Related Threads
CAclubindia
