Salary to common employee

Co Act 2013 259 views 1 replies

Dear experts,

A person is a Director in a Company and also works as an employee in its subsidiary Company for which he receives salary from the Subsidiary itself.

My query is- whether he can receive the salary from subsidiary or not? If any provision of Companies Act hits by doing this?
Thanks in advance.
 

Replies (1)

I think he can receive salary from the subsidiary company provided he is not an independent director in the holding co.


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