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[rahuld]

Hi,

Happy new year to all. I wanted to know one thing about a matter I am looking into.

A company has two directors, both equal shareholders. Is it possible to restrict one of the directors from
1. making any banking transaction from bank account of the company,
2. sell/purchase/gift property or shares of the company?
Only the other director can carry out the above 2 operations. How can this be effected operationally with the various departments like bank, ROC, etc?

Thanks.