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Section 299 and 301of companies act

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(Querist)
27 June 2008 Please suggest whether register is to be maintained u/s301 of copaniest act regarding the transaction between indian company and foreign company(holding company)for sales and purchase. Companies have common directors on their board.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
27 June 2008 Yes, if the directors are directly or indirectly interested.
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