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Appointment of relative of director

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Querist : Anonymous

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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.
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CA Suresh Jain

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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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