Register of contracts - Maintenance of ‑ Whether provision of the section applies to all contracts or arrangements of which general notice has been given by director - Companies Law - Letter : No. 8/2(301) 63‑PR,

Letter : No. 8/2(301) 63 ‑ PR, dated 15 ‑ 1-1963. Subject:- Register of contracts - Maintenance of ‑ Whether provision of the section applies to all contracts or arrangements of which general notice has been given by director Sub‑section (1) of section 301 provides that every company shall keep one or more registers in which shall be entered separately particulars of contracts or arrangements to which section 297 or 299 applies . It is, therefore, clear from the above wording of the sub‑section that it is applicable to all contracts or arrangements to which section 297 or 299 applies. In other words, the requirement in section 301 will apply also to any contracts or arrangements in the bodies corporate of which a general notice has been given by a director pursuant to section 299(3), whether or not they are contracts or arrangements requiring the Board s sanction under section 297.