COMPANY LAW : Where sale deeds in respect of properties of company-in-liquidation were executed but, there was no valuation report on record pertaining to relevant assets, also agreement of sale was executed by one ‘K’ acting as a power of attorney of company, although, board resolution did not advert to or authorize appointment of an agent for sale of properties, therefore, application filed by ex-director of company-in-liquidation to validate sale deeds was to be dismissedCOMPANY LAW : Where sale deeds in respect of properties of company-in-liquidation were executed but, there was no valuation report on record pertaining to relevant assets, also agreement of sale was executed by one ‘K’ acting as a power of attorney of company, although, board resolution did not advert to or authorize appointment of an agent for sale of properties, therefore, application filed by ex-director of company-in-liquidation to validate sale deeds was to be dismissedwww.taxmann.com Latest Case LawsRead More
