Purchase of agriculture land

Querist : Anonymous (Querist) 07 February 2019 This query is : Resolved
Can a pvt Ltd co. Pay consideration and purchase agriculture land in agents name Maharashtra

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kavksatyanarayana (Expert) 07 February 2019
Already replied. the answer is NO.

Querist : Anonymous (Querist) 08 February 2019
Any sec of act to confirm

P. Venu (Expert) 09 February 2019
What is the real issue? What are the facts?

Querist : Anonymous (Querist) 09 February 2019
One of my friend is director want to purchase agriculture land ,payment will be given by company but title to be registered in directors name whether it will be legally as per company act ,companies land ,as per u answer is no, hence can he make MoU with agent to purchase land in agent name and payment will be done by company

Sb Karma (Expert) 21 January 2020
Because this is agriculture land so answer is big NO.

But if he intend and plan(passed) to do the agricultural farming then can use MOU.
So first we need to know the facts and cause,if it is possible disclosed

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