FORM NO. 24A

Registration No. of the company ................
Nominal Capital Rs. ......................

Paid-up Capital Rs.

........................

THE COMPANIES ACT, 1956

Form of application to the Central Government for
obtaining for obtaining the previous approval for
entering into contracts with the company for the sale,
purchase or supply of any goods, materials or
services 1. (a) Name of Company
(i) Address of its registered office
(i) Address of the principal office if
it is other than the registered office
(i) Branches at
2. (a) Management structure (full
list of directors/managing
directors/manager/secretary with
particulars of other
directorships, if any held by them)
(i) Details of the existing capital
structure
(ii) Turnover (for each of the last
three financial years)
(iii) Net profits (for each of the last
three financial years)
3. (a) The proposal for which
Central Government’s approval is
sought including particulars of
remuneration payable
and the reasons therefor
b Particulars of the contract to be
entered into (copy of agreement, of
any, to be furnished).
c Whether the terms of contract
conform to prevailing market rates.
4 Whether, the company has
entered into any contract with any
other person in respect of sale,
purchase or supply of the same kind
of goods, materials, or services and
whether the terms of such contract
are similar to the terms of the
proposed contract(s). Reasons for
variation in rates, if any, should be
indicated.
5 Whether the proposed contract(s)
has/have been approved by the
board of directors; of so, a copy of
the resolution passed should be
attached.
6 Declaration:
I/We solemnly declare that the fact
stated in this application are true to
the best of my/our knowledge,
information and belief.
Designation .......................................
Signature .......................................
Dated this ......................... Day of ................ 19
.....................

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This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.

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Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.

Application to the Central Government for Obtaining

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