Menu
Sale immovable property by limited co.
Dear Experts,
is it necessary to call an EGM by its managing director or board of directors while selling immovable property or disposing its assets. the company is not operational since its inception. this company has more than 5000 shareholders. approx 75% shares are partly paid.
seeking your help.
thanking you
Girdhari Agarwal
9828294546
Replies (1)
Yes, you are required to call EGM and pass special resolution- Refer Section 180(1)(a) of the Companies Act, 2013
Regards,
Arjun Rajagopal
Recent Topic
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
Related Topics
CAclubindia
