Our company is private limited company without knowledge of the chairman of the company and others the managing director sold the land property to others. since purchase of the land we donot used that land but now we are going to develop the land they are objecting the land was sold by the company's managing director. Main points in this matter is 1. company not held meeting and passed resolution for the sale the subject land. 2. The said managing director is died. 3.Still property tax is paying by the company.
Please give reply as early as possible. In our company this issue running very hot.
