21 December 2010
A Private Limited has to add An Object in to main object by replacing it from the Ancillary objects. So for that any Special Resolution required to passed in the General Meeting? OR If Company has passed Special Resolution in Board Meeting then it is sufficient for that?
21 December 2010
Special Resolution is required to be passed for changing the object clause of MOA as specified in Section 17(1) of the Companies Act, 1956.
Board resolution is not sufficient. As far as board resolutions are concerned there is no concept of special or ordinary resolution. OR / SR is applicable in case of General Meetings only.
21 December 2010
But Mam I have a book of Shanbhogue, In that they have specified that in case of private company the consent of the general meeting is not required. And as per the officer of ROC it is required. So i just got confused between that two.