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· Indirect interest of directors as provided under section 299 · Hiring of office premises on rent (as the transaction is an immovable property) · A government company in respect of contracts entered into by it with another government company · Any contract for the sale, purchase or supply of goods, materials or services in which: a). Section 297 mandates to obtain the prior consent of the Board of Directors for contracts (as mentioned above) in which the directors are interested.

Our chat has several search options to provide you with the most interesting people.However big your gang is, ICQ has got room for everyone.Since directors are in a key position to operate the company and so all the relevant and required transactions and agreements are entered into by the directors with the other parties to run the business of the company.The companies act contains some provisions under section 297 and 299 so as to prevent the misuse of key positions by the directors and makes it mandatory to disclose the transactions of the company with the directors.The object of the above section is to bring into the knowledge of the Board of directors, the extent of the interest of a director, in any contract proposed to be entered with the company by the Director or any of his specified associates.

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  1. Account: The Account is the Member's dedicated personal area within the Application, which he or she accesses when he or she registers with and connects to the Application. Chat request: Is an action suggested before and/or after sending a Like.