Repealed or not in force · As amended up to 2026-08
300. Interested director not to participate or vote `in` Board's pmeeed.hgs.
||301. Register of contracts, eom$ahie~|301. Register of contracts, eom$ahie~andfhmsinwhichdiree-|301. Register of contracts, eom$ahie~andfhmsinwhichdiree-|diree-|
|---|---|---|---|---|
|||tors are interested.|||
||302.|Disclosure to members of<br>director's<br>interest in contract||interest in contract|
|||appointingmanagerL managing di~ector,managingagent||agent|
|||or secretaries and treasurers.|||
|||||I|
|||Register of directors, etc.|||
||303. Regis*|303. Regis*<br>of directors, managing agents, secretaries|and|and|
|||treasurers etc.|||
||304. Inspeetion|304. Inspeetionofthe register.|||
||305.|Duty of directors etc., to make disclosure.|||
||306. Register to be kept by Registrar and inspection thereof.|306. Register to be kept by Registrar and inspection thereof.|306. Register to be kept by Registrar and inspection thereof.||
|||Register of directors' shareholdings|||
||307. Register of directors' shareholdings, etc.|307. Register of directors' shareholdings, etc.|||
||308.|Duty of directors and persons deemedtobedireetasto|||
|||makedke2osure of shreholdings.|||
|||Remuneration of Directors|||
||309.|Remuneration of directors.|||
||310. Provision for increase|310. Provision for increaseinremunerationtorequire Govsm-||require Govsm-|
|||ment sanction.|||
||311. Increase|311. Increaseinremuneration of managing director onreappoint-|||
|||mentor appointment afterA&b requireGovem-t.|||
|||.sano,liola.|||
|||.|||
|||Miscel laneoh provisions|||
||312 Prohibition of assignment of office by director.|312 Prohibition of assignment of office by director.|||
||315. Appointment and term of office of alternate directors.|315. Appointment and term of office of alternate directors.|||
||314. Director etc., not to hold office or place of profit.|314. Director etc., not to hold office or place of profit.|||
|||Restlictions on appointment of managing directors|||
|||-|||
|-|315. Application of sec-tions 316<br>-|315. Application of sec-tions 316<br>3J7.<br>..-<br>I<br>* - -<br>.|||
||316. Number. of|316. Number. ofcompaniesof which one person maybeappoiated|||
|||managing director.|||
||317. Managing director not to be appointed for more than|317. Managing director not to be appointed for more thanfim|||
|||yeamata k e .<br>r<br>i..|--.|-.,|
||||\||
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`[ACT` 1
Companies
- S E ~ I O N S
Compensation for loss of ofice
`318.` Compensation for loss of office not permissible except to managing or whole-time directors or to directors who are managers. `319.` Payment to director, etc., for loss of office etc., in connection with transfer of undertaking or property.
`320.` Payment to director for loss of office etc., in ~onnection with transfer of shares.
`321.` Provisions supplementary to sections `318, 319` and `320.`
Directors with unlimited liability
`322.` Directors, etc., with unlimited liability in limited company.
`323.` Special resolution of limited company making liability of directors etc., unlimited.
Source: India Code