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)

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) https://www.taxtmi.com/circulars?id=10681 Sale or purchase of materials between a company and its director, the director's relative, a firm in which the director or relative is a partner, any partner in that firm, or a private company of which the director is a member or director is not caught by section 314(1); compliance is achieved by obtaining the consent of the board of directors as required by section 297(1). en-us Wed, 10 May 1961 00:00:00 +0530 Thu, 16 Jun 2011 11:33:00 +0530 TaxTMI RSS Generator 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) https://www.taxtmi.com/circulars?id=10681 Sale or purchase of materials between a company and its director, the director's relative, a firm in which the director or relative is a partner, any partner in that firm, or a private company of which the director is a member or director is not caught by section 314(1); compliance is achieved by obtaining the consent of the board of directors as required by section 297(1). Circulars Companies Law Wed, 10 May 1961 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10681