applicability of Section 297

 

hi  my co. is paying to another co. Rs.  4 Lacs p.m to a director who is director in both the co. will i need to take to prior approval of CG

 

 

Replies (2)

Is ur company and that company are private or public company? If both companies are public company there is no need for central govt approval.

Why the payment is made for?

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