Section 297

Vani.A (CS) (168 Points)

15 March 2013  

Hi friends,

A Private ltd company with a paid up capital of less than 1 crore, making sales and purchase of Goods with 2 partnership firms and 4 private limited companies in the same management. Out of the 4 private limited companies 1 pvt company has capital more than 1 crore.

TIll date no resolution has been passed and approval was received.

Kindly provide if you have any resolution format and also advise me whether Central Government approval is required for the company with more than 1 crores.