X ltd. and ABC pvt. ltd. have same director Ram and he hold 5% shares in X ltd.
so, sec 188 applicable on both parties but "why X ltd. pass Board resolution and ABC pvt. ltd pass special resolution"
Menu
Section 188
Replies (1)
No special resolution as per proviso to section 188(1)
Recent Topics :
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
Related Topics :
CAclubindia
