Appointment of relative as employee in company

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 February 2013 Plz inform which section of Companies Act 1956 speaks about appointment of relative (son of Director) and also a shareholder as an employee in Company

Any procedure to be followed??

Thanks for the help...

13 February 2013 Hi

If a son of Director is appointed on place of profit then section 314 of the Companies Act, 1956 will apply.



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