The PVT Ltd co decides to sell the whole property.The sale is to be approved by resolutions in the board or the resolution is to be moved in the AGM.pls tell me the relative secs in the new co's act2013
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Sale of property-resolution in the agm necessary
Replies (2)
Read Section 180. It clearly mention regarding restriction on power of directors.
Section 180 is not applicable to pvt. co. .See notification of 5th June, 2015
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