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Corporate law

Others 436 views 1 replies

If a Company has entered into a contract with another company for 500 times u/s 297 of the companies Act  then in that case whether the particulars of 500 contracts to be entered in the register of contracts U/S 301  or we can have exemption as we have u/s 299 of the companies for disclosure of interest for a couple of contracts in which directors are interested by giving a general notice for the whole financial year.?

Replies (1)

there is no such exemption under section 297. particulars of all contracts have to be entered seperately.

regds,

sangram


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