Procedure for Obtaining Online Approval of Central Government u/s 297 of the Companies Act, 1956 Simplified

Last updated: 26 July 2011


In order to cut timelines in giving approval, the Ministry of Corporate affairs has decided to simplify the procedures and to give approval online, if the proposed contract has been approved by the shareholders by way of special resolutions in a general meeting. Accordingly, the process of onli

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