Whether register of contracts has to be maintained even though Section 299 is not applicable - Companies Law - No. 8/32(299)/69‑CL-V,

Circular : No. 8/32(299)/69 ‑ CL-V, dated 3 ‑ 1 ‑ 1970. Subject:-Whether register of contracts has to be maintained even though Section 299 is not applicable Section 301 deals with the maintenance of the register of contracts in respect of the contracts to which either section 297 or 299 is applicable. The mere fact that one of these sections is exempted from application in a particular case does not ipso facto lead to an exemption of section 301. The register of contracts has to be maintained as required by section 301 if the requirement of section 297 is attracted even though the requirement of section 299 is not applicable.