Contracts in which directors are interested ‑ Powers of Central Government under section 297(1), proviso, delegated to Regional Directors - GSR 563(E), - Companies Law
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Delegation of government powers to Regional Directors enables local exercise of authority over directors' interested contracts under company law. Notification GSR 563(E) dated 19 8 1993 delegates to the Regional Directors at Bombay, Calcutta, Madras and Kanpur the powers and functions of the Central Government under the proviso to section 297(1) of the Companies Act, 1956 concerning contracts in which directors are interested, and comes into force from the date of its publication in the Official Gazette.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Delegation of government powers to Regional Directors enables local exercise of authority over directors' interested contracts under company law.
Notification GSR 563(E) dated 19 8 1993 delegates to the Regional Directors at Bombay, Calcutta, Madras and Kanpur the powers and functions of the Central Government under the proviso to section 297(1) of the Companies Act, 1956 concerning contracts in which directors are interested, and comes into force from the date of its publication in the Official Gazette.
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