Section 180(1)(a) -

In my opinion, In the above case there is no requirement of shareholder approval.

The trigger point in section 180(1)(a) is the investment amount or book value & not the market value or transaction value.

Since the book value does not exceed 20% of the company's net worth, the transaction does noptr fall under definition of "Undertaking".

Thank u !!!

As the book vaule of transaction is not execeeding the 20 % of the Company's net worth, the approval of shareholders under Section 180 1(c) will not be rquired in this case.