CAN SON OF MANAGING DIRECTOR OF A PUBLIC LIMITED COMPANY CAN BE APPOINTED AS CONSULTANT IN THAT COMPANY.
AND WHAT WILL BE THE REMUNERATION LIMITS.
priyanka manawat (service) (138 Points)
09 June 2009
CAN SON OF MANAGING DIRECTOR OF A PUBLIC LIMITED COMPANY CAN BE APPOINTED AS CONSULTANT IN THAT COMPANY.
AND WHAT WILL BE THE REMUNERATION LIMITS.
Sourabh Sharma
(CS CA (Final) M.com NCFM Derivative Capital Market Mutual Funds)
(771 Points)
Replied 09 June 2009
The M.D. has to disclose his interest in the said appointment in the next board meeting and the remuneraton will be at par with industry.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India