Appoint Director's relative as Sr Executive in Pvt Ltd Co -

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Dear Sir/Madam,

Are there any restrictions in appointing a close relative of an existing Director ,in a Private Limited Company, as a senior executive.

The major stake holder is a listed company in Singapore, I understand that the rules of a Public Limitied Company appies in certain cases - does the appoint ment of Sr Executive fall in this catagory?

If it does, what are the approvals to be got?

R P Murari

r_p_murari @ yahoo.com

Replies (1)

For Appointing relative as Executive Director or WTD Section 314 will be applicable unless provision of Schedule XIII are complied with.

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