Co. Act 1956

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 November 2009
Hi Friends

Can any one tell me If payment to Relative exceeds rs. 1000000/- then should we pass special resolution under Co. Act, 1956 if the Co. is Pvt. Ltd. Co.


12 November 2009 payment for what ?? any purchase,loan,remurnation ??

12 November 2009 sec.293 not applicable to pvt.ltd.co.
but sec 293A and 293B applicable to pvt. co.


13 November 2009 Please elaborate your query...

13 November 2009 Pls give the full details of your query. Is it a loan or payment for exp.



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