Whether sale or purchase of materials by a director or his relative, associate, etc., to or from a company in which he is a director attracts sub‑section (1)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , Dated:- 10-5-1961 Circular - Circulars - Companies Law - Letter : No. 8/38(314)/61 ‑ PR, dated 10 ‑ 5 ‑ 1961. Subject:- Whether sale or purchase of materials by a direc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... member or director. It would be enough in such cases if the consent of the board of directors of the company is obtained as laid down in section 297(1). - Circular - Trade Notice - Public Notice - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X