Section 297 cg approval

Still Learning (cs) (234 Points)

21 January 2014  

Helllo Professionals,

I want to know the procedure to seek Central Gvernment Approval under section 297.Two private companies are getting into a contract and directors of both the companies are same.The paid up capital of one company is more than 10 crores and the others is 1 lakh.

Please guide.

Thanks.