Can a holding company pay remuneration to the director of a Subsidiary company? Both Holding and Subsidiary companies are pvt. ltd. cos.
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Remuneration by holding to director of Subsi
Replies (2)
Yes, Company can pay but check it do not fall under Sec 314 of office or place of profit. Otherwise you need to comply with its provisions as per remuneration paid to director.
Agree with Jagruti.
In you particular case, apparently, 314 is not applicable, so the remuneration may be paid.
regds
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