A director of private company his run business own name with gst number
Can sales goods to company in which who is also director of company
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PRIVATE COMPANY 1244
Replies (1)
You have to comply with section 188...i.e.Board Approval with clear mention of threshold ,if such txn is material or not in ordinary course or at an arms length then approval from shareholders is also required... in the board meeting held for approval of such txn you can't participate in meeting or Approve such txn...
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