The Companies Act 1956, 1 of 1956, (Rep., Act 18 of 2013)

Section 300. Interested director not to participate or vote

Repealed or not in force · As amended up to 2026-08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..|--.|-.,| ||||\|| r 1 b 16 F 1 I 5: 1 3 `k` k: F I `6` `i;` t i i- i c ? T- e - - - - - - - - - `[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

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