is it necery to pass a resolution to purchased machine

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is it necessary to pass a resolution by a pvt. ltd company to buy machinery or make building etc?

suppose a company formed and make building bought machiery in huge quantity, then also is it necessry to pass any kind of resolution?

Replies (2)

It is better to pass the board resolution .

 Whether the  decisions  will be taken by passing the board resolution or otherwise depends on the culture of the company .

tHANKING YOU rEKHA


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