Small doubt in ca 1956

Both these sections are no more applicable now.  However, Sec.295 covered directors, firms, private companies, bodies corporate as referred in sub-section (1).  Sec.297 covered director or relative, firm in which director or relative is partner, any other partner in such firm or a private co. of which the director is member or director.  Sec.299 covered all concerns  in which a director was concerned or interested whether directly or indirectly  (disclosed in form 24AA).  Sec.301  covered all parties referred to in Sec.297 and Sec.299.  Hence Sec.301 was much wider in scope.