Interested directors - Contracts in which directors are interested

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....297/56‑PR, dated 2‑8‑1956. Subject:- Interested directors - Contracts in which directors are interested The provisions of section 297 would not become applicable to the contrac....

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....ties contracting, one of which is the company, making the purchase or effecting a supply, and the other a director of the company or his relative, a firm, in which such a director or relative is a par....