Your Legal Eye:
Do you know that a company shall not enter into a major transaction such as the acquisition or disposition of assets the value of which is more than 75% of the value of the assets of the company unless the transaction is approved by a special resolution or contingent on approval by special resolution?
Sec 145 (1) of Companies Act, 2019 (Act 992).
Sec 145 (1) of Companies Act, 2019 (Act 992).
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