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Amendment of section 177.

Clause 57 - Bills - THE COMPANIES (AMENDMENT) BILL, 2017 - COMPANIES (AMENDMENT) BILL, 2017 - Clause 57 - 57. In section 177 of the principal Act,- (i) in sub-section (1), for the words "every listed company", the words "every listed p .....

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n 188, and where Audit Committee does not approve the transaction, it shall make its recommendations to the Board: Provided also that in case any transaction involving any amount not exceeding one crore rupees is entered into by a director or officer .....

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