Payment to director, etc., for loss of office, etc., in connection with transfer of undertaking or property.

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....s Act, 1956 - (Repealed)<br>Payment to director, etc., for loss of office, etc., in connection with transfer of undertaking or property. 319. (1) No director of a company shall, in connec&shy;tion ....

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....her person (not being such company), unless particulars with respect to the payment proposed to be made by such transferee or person (including the amount thereof) have been disclosed to the members o....