Easy Office
LCI Learning

appicability of sec 297 and 299

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 July 2010 X is pvt limited company.Y is semi government organsiation i.e. MMRDA. Now MMRDA has appointed nominee directors on the board of the X. If some contract needs to be entered into by X with MMRDA pertaining to services provided by MMRDA. In such case whether nominee directors shall be considered as interest in this resolution.
Profile Image

DR GAURAV GUPTA FCA, FCS, LL.B

Profile Image

DR GAURAV GUPTA FCA, FCS, LL.B (Expert)
12 July 2010 NO
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 July 2010 Plz. let me know basis of your conclusion.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
31 July 2023

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links