Legal Question in Real Estate Law in India
I am an individual buying a property from a limited Company in India which has six Directors. The company has passed a resolution to sell the property to me. How many directors should sign the resolution? Is it essential for me to inspect the minutes of meeting book to check if this transaction is recorded in the book? What other precautions should i be taking to ensure that the company has followed correct procedure to sell the the property to me.
Asked on 8/19/12, 8:01 am
1 Answer from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
Several aspects need to be checked.
Consult your lawyer with all the details for proper advice.
Answered on 10/01/12, 2:10 am
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