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    Related Party Transaction.

    Posted By : Sachin / Published on : 11-Dec-2020 10:53 AM / View : 319 / Comment : 0

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    Dear Members,

    A private company has two directors and the company wants to sell its land and buildings to both the directors. But as per section 188, interested directors cannot be present during the discussion of the transaction. In this case how can the company pass board resolution?

    Thanks.
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