Company A & B : both private limited companies. Company A is holding Company of Co.B
Director : one director is common
Nature of transaction between A & B : Reimbursement of exp., Share application money, allotment of shares.
Director is given disclousre U/s 299 (3)
Whether such transaction shoud be recorded in register U/s 301. If yes than how it is reported under para 5 of the Audiotrs report.
To genealise my query wheter any tranaction with Company recorded under section 301 (3) shall be reported in register.
Thanks
Sunil
CAclubindia
