Is a Director / and Shareholder who is purchasing land from his own private limited company considered a related party transaction? All other Directors and shareholders are family members. What board and EGM meetings and resolutions need to be passed to be able to complete this sale? thank you
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Director / Shareholder purchase of company property
Replies (2)
Quick Summary
Yes it is a related party transaction. A CS would help you better with the documentation.
Yes its a related party transaction . Seperate resolution needs to be kept.
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