https://www.taxtmi.com/acts?id=15624 Companies must maintain registers separately listing particulars of contracts or arrangements in which directors are interested; these registers must be placed before and signed at the next Board meeting, kept at the registered office for inspection and produced at annual general meetings. Directors and key managerial personnel must disclose specified particulars within thirty days of appointment or relinquishment and give necessary written notice at Board meetings. Certain low-value supply contracts and routine banking bill-collection are exempt. Non-compliance by directors attracts a prescribed penalty. en-us Thu, 22 Dec 2011 10:48:28 +0530 Thu, 22 Dec 2011 10:48:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15624 Companies must maintain registers separately listing particulars of contracts or arrangements in which directors are interested; these registers must be placed before and signed at the next Board meeting, kept at the registered office for inspection and produced at annual general meetings. Directors and key managerial personnel must disclose specified particulars within thirty days of appointment or relinquishment and give necessary written notice at Board meetings. Certain low-value supply contracts and routine banking bill-collection are exempt. Non-compliance by directors attracts a prescribed penalty. Act-Rules Bills Thu, 22 Dec 2011 10:48:28 +0530 https://www.taxtmi.com/acts?id=15624