ABC Private Limited borrowed money from Indiabulls Housing Finance Ltd.
Mr. A, Mr. A's Son, Mr. A's Wife and Ms. A's Daugher are directors and shareholders of the ABC Private Limited.
XYZ Limited company has provided a Corporate Guarantee to Indiabulls Housing Finance Ltd in respect of loan taken by ABC Private Limited.
Mr. A, Mr. A's Son, Mr. A's Wife, Ms. A's Daugher AND Mr. Z (not related to A's family) are directors and shareholders of the XYZ Limited.
What different kinds of Board Resolution / Resolution at general meeting are required?
Regards
Gagan Gupta
CAclubindia
