https://www.taxtmi.com/circulars?id=10901 The Department treats the general proviso requiring Central Government approval for contracts in which directors are interested as general and provisions regulating director appointments and employment terms as special; where approval is required under the special provisions for a managing director's employment or related director specific provisions, that approval is sufficient and no separate approval under the general proviso is necessary. en-us Tue, 29 Jun 1976 00:00:00 +0530 Fri, 17 Jun 2011 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10901 The Department treats the general proviso requiring Central Government approval for contracts in which directors are interested as general and provisions regulating director appointments and employment terms as special; where approval is required under the special provisions for a managing director's employment or related director specific provisions, that approval is sufficient and no separate approval under the general proviso is necessary. Circulars Companies Law Tue, 29 Jun 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10901