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    Purchase of Material and Assets From Holding Company RPT

    Posted By : SHALU / Published on : 22-Sep-2021 11:37 AM / View : 740 / Comment : 0

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    Dear Friends,
    Need Help.

    We being a private limited company are continually purchasing material and Capital Assets from our Holding company (99.99% shareholding) at arm's length price.
    Do we need to seek any prior approval from Shareholder's by way of Special Resolution at the beginning of the year??
    Or Board's Approval will be ok??

    Read more on : company holding assets material purchase

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