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Section 297 of Companies Act, 1956

This query is : Resolved 

10 September 2008 If an Indian Pvt. Company purchase goods from Chines Comapney which is Ltd. and if Chines company is WOS of Indian Pvt. Company than Section 297 is applicable for the same.

10 September 2008 Section 297 is not applicable. Section 299 is applicable.

11 September 2008 Thanks


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