The board of director of quality forging Limited having paid up share capital of rupees 80 lakh appointed Ram Marketing Private Limited as a sole selling agent for for period of 5 year with effect from 1st January 2014 the directors of Ram marketing Limited were holding fully paid up shares of face value of rupees 3.5 lakh examine with reference to the provisions of Companies Act 2013 whether the appointment of sole selling agent is valid
Share
Dear CA Finalist
We are unable to cater to Law queries at this moment. Apologies.