Salary
This query is : Resolved
15 February 2017
Hi Experts
Please tell me can a director appoint spouse as a staff and pay a salary.
Thanks
Please tell me can a director appoint spouse as a staff and pay a salary.
Thanks
15 February 2017
Yes, decision of all board of director body can appoint as employee in company
16 February 2017
Yes, you can appoint ,companies act doesn't prohibit appointment of relative of Director to an office to a place of profit in a company. In certain cases If the remuneration for holding such office or place exceeds prescribed sum than appointment approved by special resolution .Same to be disclosed second 188 related party transactions.
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