General query

comply with Sec 192 

Short Points : 

1. required SR 

2. valuation by Registered Valuer 

3. Other formalities 

For this transaction 

1.Being the related party transaction between          the company and its director. Read with               section 2(76) and 188(1)(b) of the Companies    Act,2013. Pass Board Resolution and ordinary   resolution resolution if the transaction               amount exceeds the  threshold as mention in rule 15 of companies (MBP) rules 2014. 

2. If the consideration is received by the                    directors of the Company is other than cash        then section 192 also invoked here member        resolution also required. 

This is besed on my understanding.