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Is md authorise to purchase land on behalf of pvt ltd company

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(Querist)
17 November 2017 Dear SirI am managing director of a pricate limited company. I am willing to purchase a land in the name of the company. Now the revenue department is asking for a board resolution stating that I am authorise to purchase the land. But my question is I being the managing director am I not eligible to purchase the said land without submitting any board resolutionthanks in advance
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
02 December 2017 Board resolution is required as you are purchasing land in the name of the company
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