Dear Professional Friends
I have a query regarding Section 297.
Mrs. A and her relative are directors in ABC Limited.
Mrs. A and her relative are also directors in Company XYZ Private Limited.
Now XYZ Private Limited wants to avail the services of ABC Limited.
My query is who should go for the Central Government approval.Is it ABC limited???
The paid up capital of both the companies is above Rs. 1 crore.
How to judge, that who should go for the CG approval.??
Kindly guide me on the same.
Thanks in advance.