Contracts by agents of company in which company is undisclosed principal.

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..... manager or other agent of a public company or of a private company which is a subsidiary of a public company, who enters into a contract for or on behalf of the company in which contract the company is an undisclosed principal shall, at the time of entering into the contract, make a memorandum in writing of the terms of the contract, and specify therein the person with whom it is entered into. ( .....

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..... 12-2000, as provisions relating to managing agents, secretaries and treasure had become redundant after abolition of system by Act 17 of 1969. [2] Substituted for "two hundred rupees" by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxman .....

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