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Q. > Please Help: corp law sec 297
u/s 297 of comp act. two pvt ltd cos. agreement for sale supply. one paid up 1cr plus[ delhi] and other less than 1 cr.[kolkata]. one common director is there. which co shall obtain CGovt/RD approval, and from which RD
answered Jan 16, 2014 by Akanksha Handa
Company having paid up share capital of Rs. 1 Cr or more is required to take Central Govt approval. thus delhi based company is required to take the Central givt approval us 297 of the Companies act . Noida RD will be for delhi based company.
CA Sansaar

Comments
AKASH JAIN
03-Jan-2014 , 10:11:40 amno
Ajitsharma
03-Jan-2014 , 12:17:13 pmThe Company who want to take the service can apply for the matter
Pulkit Agrawal
03-Jan-2014 , 12:20:51 pmCompany having paid up capital 1 crore or more are required to take CG approval
Karthik M N
08-Jan-2014 , 04:23:20 pmi think delhi based coy want to take approval..
Karthik M N
08-Jan-2014 , 04:23:59 pmany one put the correct reply for this...
Akanksha Handa
16-Jan-2014 , 01:10:33 pmCompnay having paid up capital of 1 Cr or more is required to take central got approval. so delhi based company is required to take approval from central govt us 297 of the Companies Act, 1956. Noida RD for delhi based company