Dear All,
I would like to know, is there any procedure to sell the fixed assets of liaison office ? Like do we have to take / intimation the permission from RBI ? Etc.,
Please let us know
Thanks & Regards
samasundar (Accounting & Compliance) (65 Points)
11 January 2010
Dear All,
I would like to know, is there any procedure to sell the fixed assets of liaison office ? Like do we have to take / intimation the permission from RBI ? Etc.,
Please let us know
Thanks & Regards
Aman Jain
(Company Secretary in Practice)
(165 Points)
Replied 11 January 2010
Dear Mohan,
only pass the resolution by concerned company and after seeking quotations you can sell the assets.
you have to take CA certificate that all amount realised from assets is worked out by right manner.