Section 297 cg approval

Helllo Professionals,

I want to know the procedure to seek Central Gvernment Approval under section 297.Two private companies are getting into a contract and directors of both the companies are same.The paid up capital of one company is more than 10 crores and the others is 1 lakh.

Please guide.

Thanks.

Replies (1)

You have to make application in e-Form 24A for CG approval.  Refer its help file for attachments required.

 

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