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VINOTHKANNA
15 November 2019 at 10:05

Board of directors resution to sell a property

Dears,

We are in process of a land purchase. We have a query in Legal verification. The land was sold by a pvt limited company to another private limited company in 2017. A person (Not a signatory authority of the company) from the seller company has signed in the sale deed, however, he has not given a GPOA, rather he was given only authority to sell the property as a Board of Directors resolution. Also the BOD resolution is Not a form part of the registration document.

Questions here are
1., is BOD resolution document is enough to sell the land by a person who is not a signatory authority?
2. If yes, should it be a form part of the registration document?

Thanks
Vinoth

Sudhir Kumar
15 November 2019 at 08:18
In Reply To :

Suspension

How old is suspension.

Sudhir Kumar
15 November 2019 at 08:18
In Reply To :

Suspension

are you EPFO subscriber.

whether you have reported mistake of PF calculation to EPFO.

Sudhir Kumar
15 November 2019 at 08:16
In Reply To :

Suspension

What are the does and don’ts in such cases?

Appeal to the DEO.

Do not join other profession.

Sudhir Kumar
15 November 2019 at 08:15
In Reply To :

Suspension

Is he expected to report on duty?

Not at all. But he cannot join other profession as well.


 



 

Sudhir Kumar
15 November 2019 at 08:14
In Reply To :

Suspension

How much salary he should receive during suspension period?

50% of the basic pay + DA.

(for 6 months thereafter 75% if the inquiry is not delayed by employee)

Zero transport allowance.

No LTC for self (only for family)

Full medical cover. No other allowance to be curtailed.


Sudhir Kumar
15 November 2019 at 08:12
In Reply To :

Suspension

What are the rules about suspension proceedings?

PER-SE THE SUSPENSION ITSELF SEEMS UNJUSTIFIED (atleast as per given facts) NO MISCONDUCT IS THERE IN REPORTING AN IRREGULARITY TO THE GOVT (unless the same is false allegation).

Sudhir Kumar
15 November 2019 at 08:11
In Reply To :

Suspension

He has already stated that this is not a govt school so RTI will not apply directly.

The RTI can apply only on the information which education deptt can extract from the school and is a long drawn matter.











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