Legal Question in Business Law in India
my company is a quasi governmental co , we usually sell our old, company vehicles by calling open tenders. my question now is , now our company needs to sell a used car where one among our staff wants to buy it. can we do it without calling for tenders just by negotiating with him???
Asked on 12/02/11, 1:06 am
2 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
u need to go through ur company policy.
Answered on 12/02/11, 7:57 am
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Yes, sale by negotiation is acceptable; calling of tenders is not mandatory.
Answered on 12/02/11, 10:08 am
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