Register of contract - companies act 2013

Ranjeet (Company Secretary) (41 Points)

11 September 2015  

Dear All,

Directors of a Co. holding more than 2% shares and the said directors are on Board of other Co/Subsidiary Co.

The transaction between these two companies shall be noted in Contract of Register.

Can a tracsaction u/s 184 entered between these two companies be ratified whithin 3 months after the date of contract in manner same as mentioned in sec 188.

Request for ur guidance.