Renting of Machinery

yes co. can give it , but have to charge gst on the rent amount if co. is registered under gst

according to companies act : this becomes a related party transaction u/s 188(1). hence a board resolution must be passed in a board meeting to carry out this transaction. also, if the amount of lease exceeds: 10% or turnover/networth or rs.100 crores (whichever is lower), a resolution in the general meeting is also required to carry out the transaction.

according to companies act: this becomes a related party transaction u/s 188(1) hence a board resolution must be passed in a board meeting to carry out this transaction. and that director should be present while passing the board resolution. also , if the amount of lease exceeds : 10% of networth / turnover of the company or rs.100 cr (whichever is lower) a resolution in general meeting is also required to carry out this transaction.

according to companies act: this becomes a related party transaction u/s 188(1) hence a board resolution must be passed in a board meeting to carry out this transaction. and that director should be present while passing the board resolution. also , if the amount of lease exceeds : 10% of networth / turnover of the company or rs.100 cr (whichever is lower) a resolution in general meeting is also required to carry out this transaction.

according to companies act: this becomes a related party transaction u/s 188(1) hence a board resolution must be passed in a board meeting to carry out this transaction. and that director should be present while passing the board resolution. also , if the amount of lease exceeds : 10% of networth / turnover of the company or rs.100 cr (whichever is lower) a resolution in general meeting is also required to carry out this transaction.