Private limited company-agreement with md,wtd,cfo etc
This query is : Resolved
19 November 2015
Dear Experts,
As a CS of a Private Limited Company, is there any importance/ merit in keeping copy of the employment agreement of the WTD, MD, and other KMP like CFO in our custody?
This question is because an agreement is not mandated by Companies Act 2013 for Private Companies, but it is obvious that such appointments operate under some agreement only (maybe with HR Dept.).
Please advice, how to tackle this situation. I am a fresher joined as CS in a Private Limited Company.
As a CS of a Private Limited Company, is there any importance/ merit in keeping copy of the employment agreement of the WTD, MD, and other KMP like CFO in our custody?
This question is because an agreement is not mandated by Companies Act 2013 for Private Companies, but it is obvious that such appointments operate under some agreement only (maybe with HR Dept.).
Please advice, how to tackle this situation. I am a fresher joined as CS in a Private Limited Company.
23 November 2015
I don't think that there is any importance to keep such contracts and agreement with CS.
Whenever you require such Contract/Agreement, you can ask its copy form HR dept, if they have it.
Whenever you require such Contract/Agreement, you can ask its copy form HR dept, if they have it.
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