Appointment of relative of director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2012
A Public Ltd Company want to appoint Director Son @ Rupees 200000 Monthly Remuneration. What are Compliances. He is Software Engineer.
CA Suresh Jain
(Expert)
02 October 2012
As per NOTIFICATION [F. NO. 17/174/2011-CL.V], DATED 7-7-2011 any appointment of a relative for a remuneration upto Rs. 2,50,000.00 can be done without any restriction.
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