PLEASE HELP !

Pls do it fast!

Dear Aashish

Its Depend on work/ mistakes / non compliance/ fraud, etc

who will be liable its depend on which type of non compliance has been done or by whom etc.

So, Pls Clarify

Regards

Thanks Nitin! Actaully this is case of  a privately placed Limited Co who want to assume the liability of director in respect of certain equipments purchased in its individual capicity for the sake of company itself.

regards

Dear Friend

Directors can purchase the assests for company because they run the company and no need for approval from Members.

Director should authorize from BR only.

Regards

Dear Aashish

Director can purcase it

now company have to file Form 8 with ROC for registration of Charge with in 30 days (with normal fee)

with in next 30 days (with normal + additional fee)

After it you have to approach CLB / NCLT.

Regards

Thanks!