A Ltd. (with a paid-up share capital of ₹5 crore) and B Pvt. Ltd. have common directors and both are subsidiaries of H Ltd. Comment on the applicability of section 297 in respect of the following transactions: A Ltd. wan
CS Professional · Advanced Company Law and Practice · PYQS · June 2014
A Ltd. (with a paid-up share capital of ₹5 crore) and B Pvt. Ltd. have common directors and both are subsidiaries of H Ltd. Comment on the applicability of section 297 in respect of the following transactions: A Ltd. wants to provide consultancy services to B Pvt. Ltd. for an amount of ₹2 crore.
Topics: Related Party Transactions
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