Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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of <h1>Shareholders Must Get Adequate Notice for Contract Register Inspection u/s 301(5); Comply with Section 163(2).</h1> Companies must ensure compliance with section 301(5) by providing shareholders with adequate notice regarding the inspection of the register of contracts. If board meetings cannot be held at the registered office, it is considered sufficient compliance if shareholders are informed about specific periods during business hours and days when they can inspect the register at the registered office. These periods should comply with section 163(2), and the register should not be absent from the office longer than necessary. Notices can be given once or periodically to ensure shareholders have reasonable opportunities for inspection.
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