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if p ,son of A IS THE MD OF ABC LTD ,PROPOSES TO GIVE HIS FLAT ON LEASE TO THE COMPANY.THE PAID UP SHARE CAPITAL OF CO. IS RS 10 CRORE. CAN CO. DO SO
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Dear,
I am not getting your quary properly can u explain it in depth.
Yes, But that Transaction comes under the Purview of Section 297, Contracts in which Directors are Interested.
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