Asset of a Co.
This query is : Resolved
22 July 2010
Can Director purchase assets on behalf of a company or not ?
Please provide me with relevant section.
Please provide me with relevant section.
22 July 2010
only directors need to purchase on behalf of the company... but the director should have necessary powers.
powers can be delegated by a board resolution or provision in memorandum of association or articles or association.
powers can be delegated by a board resolution or provision in memorandum of association or articles or association.
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