Section 297

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Querist : Anonymous

Querist : Anonymous (Querist)

06 August 2010 If all the directors of a company are intrested in a contract u/s 297 wat is to be done??

Jagruti (CS)

Jagruti (CS) (Expert)
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06 August 2010 Pass Ordinary resolution in General Meeting

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Querist : Anonymous

Querist : Anonymous (Querist)

06 August 2010 Thanx Jagruti Mam. but how can the same be done when all the directors are interested? How the BR will be resolved? If you can throw the light on my query in detail.

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Jagruti (CS)

Jagruti (CS) (Expert)
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06 August 2010 In Board Meeting just note the matter and recommend the same for members approval in absence of disinterested Quorum.

Than call EGM and pass the Members ordinary resolution

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