LAW

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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
Replies (2)

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.


-------------------------------------------

If you need further clarification than contact me

 

CS Ankur Shah (Practicing Company Secretary)

“Guru Gautam” Bungalow, Inside Parshwa Tower,

Nr. Shyamal Cross Road, 132ft. Ring Road,

Satellite, Ahmedabad – 15

 

Contact: + 91-9427633901

E-mail: ankur @ csankur.com, ankurjewel @ gmail.com

Blog: csankur.blogspot.com

Website: www.csankur.com

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