Lease agreement resolution

Co Act 2013 189 views 3 replies

Dear All,

Good Day,

 Is approval of broad needed when the lease agreement is not with a related party for a private company ?

 

Replies (3)
yes board approval is required

Pass board resoluiton and authorise a director who shall sign on the agreement. Also approve the draft agreement.

Thank you. Is it manadatory for a pvt ltd also ?

 


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