Appointment of relative as employee in company
This query is : Resolved
Querist : Anonymous
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...
Any procedure to be followed??
Thanks for the help...
Ajay Mishra
(Expert)
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.
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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