24 March 2014
The son of the director of the company is rendering professional services to the company. He is going abroad for higher education(MBA). Can the company sponsor his education? If yes, what are the legal formalities and implications. Please answer as soon as possible.
25 March 2014
Thank You for your reply. Please clarify what type of formal resolution? And Is CLB to be informed for this transaction? Is there any limit to this expense?
CAclubindia
