Kindly reply if a board resolution needs to be passed for termination of leave and license agreement prior to its expiry period in a private company.
1 Replies
nidhigoel89
(Company Secretary )
(594 Points)
Replied 30 May 2012
Hello,
If company is a party and involve in the agreement then its suggestive to record and delegate proper authorisation in a Board Meeting.
Its better that to record things for future reference.
Regards
Nidhi
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