Register of contracts, companies and firms in which directors are interested.

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....ents to which section 297 or section 299 applies, including the following particulars to the extent they are applicable in each case, namely:‑------      (a) the date of the contract or arrangement;      (b) the names of the parties thereto;      (c) the principal terms and conditions thereof;      (d) in the....

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....the case of any other contract or arrangement, within seven days of the receipt at the registered office of the company of the particulars of such other contract or arrangement or within thirty days of the date of such other contract or arrangement whichever is later, and the register shall be placed before the next meeting of the Board and shall then be signed by all the directors present at the ....

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....to in clause (c) or sub-section (2) of section 297.] (4) If default is made in complying with the provisions of sub-section (1), (2) or (3), the company, and every officer of the company who is in default, shall, in respect of each default, be punishable with fine which may extend to [2][five thousand rupees]. (5) The register aforesaid shall be kept at the registered office of the company; and ....