Easy Office
LCI Learning

Section 188- related party

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 August 2014 An Individual who is a Chartered Accountant by profession is appointed as a consultant to advise the company(Pvt Ltd) on financial matters. He is the relative of the Director of the said Company. Are provisions of Section 188 of the Act applicable?
Profile Image

CS Divesh Goyal

Profile Image

CS Divesh Goyal (Expert)
27 August 2014 ya its service.under section 188
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 August 2014 Thank You Sir.
So in that case, he has to be appointed by the Board according to Sec 188 and procedures laid there under?
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links