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
Menu
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
Recent Topics :
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
Related Topics :
CAclubindia
