Dear All,
My company is un listed public company. Can it give a sum of rs. 25 lacs to relative of its director in any form. ( relative is employee of a company and is receiving rs. 35k as monthly remuneration).
Kindly suggest.
Thanks in advance.
Bhagwati Prasad Singh (Company Secretary) (170 Points)
20 August 2014Dear All,
My company is un listed public company. Can it give a sum of rs. 25 lacs to relative of its director in any form. ( relative is employee of a company and is receiving rs. 35k as monthly remuneration).
Kindly suggest.
Thanks in advance.
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 21 August 2014
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