TMI BlogRestriction on non-cash transactions involving directorsX X X X Extracts X X X X X X X X Extracts X X X X ..... is to acquire assets for consideration other than cash, from the company; or (b) the company acquires or is to acquire assets for consideration other than cash, from such director or person so connected, unless prior approval for such arrangement is accorded by a resolution of the company in general meeting and if the director or connected person is a director of its holding company, approval unde ..... X X X X Extracts X X X X X X X X Extracts X X X X
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