Section 314

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Querist : Anonymous (Querist)
25 March 2013 is required to follow the procedure under Section 314 for appointing a person holding office of profit under a private company?

if yes, central gov approval is required?

25 March 2013 Hi

The provision of section 314 will apply to private limited company.

The approval of CG required or not its depend on your proposed remuneration to that person.


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