Section 297 applicability to sale of scrap


This query is : Resolved 

06 May 2009 Hello

Could anyone please let me know whether Section 297 would be applicable to sale of scrap between twoprivate companies with common directors?

Thanks

06 May 2009 IN SECTION 297 WORDING USE " FOR THE SALE, PURCHASE OR SUPPLY OF ANY GOODS, MATERIALS OR SERVICES."
PHRASE USE "ANY" SO I THINK SALE OF SCRAP SHOULD BE COVERED IN SECTION 297

10 May 2009 Agree with Meenakshi.


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