Appoinment of director

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 August 2013 In private company, if a director's relative is to be appointed as director with remuneration.
* What procedure is required to be followed ?

* When Section 314 will be applicable in this case?

Ajay Mishra

Ajay Mishra (Expert)
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24 August 2013 Hi

The provision of section 314 is applicable to private limited and public limited company both.

If such director is covered under section 314 then his relative will cover otherwise not.

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