Legal Question in Business Law in India
if a director of a company purchases a machine worth Rs. 20 lakhs and the present market value of that machine is Rs 30 lacs, then how much shares will he get as per companies act 1956?
Asked on 8/25/12, 4:48 am
2 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
as per the AOA and memorandum and resolution.
Answered on 8/25/12, 8:47 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
i agree with Adv Gupta
Answered on 9/05/12, 10:10 pm
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