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of <h1>Companies Must Keep Register for Contracts u/ss 297 & 299, Even with General Notice by Directors.</h1> Sub-section (1) of section 301 mandates that companies maintain a register for contracts or arrangements covered by sections 297 or 299. This requirement extends to all such contracts or arrangements, including those for which a general notice has been given by a director under section 299(3). The obligation to record these contracts persists regardless of whether they need the Board's approval under section 297. The circular clarifies that the register must include all relevant contracts or arrangements, ensuring comprehensive compliance with the specified sections.
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