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
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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
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