Dear Sir,
If a person is providing professional service to a pvt company (e.g. ROC Compliance's) and now the company desires to appoint him as a director. Can Company do so? or it falls under related party transactions?
Thanks in advance.
Menu
Appointment of director in a private company
Replies (3)
Yes co. can appoint him as director.
For related party transactions, those transaction which are at arms length price can executed.
Yes company can appoint him.
if you want process mail me at csdiveshgoyal @ gmail.com
i will mail u my article
A person providing professional service will not be a related party unless he falls in any of the clauses specified u/s 2(76).
Recent Topics :
- Moving from old to new tax regime after notice
- Need urgent help on notice
- ITR-3 - F&O Loss adjusted against business inc
- Error - Blank Rows in Schedule SI (ITR-2)
- Dividend from co-operative society
- SECTION 139(10) OF THE COMPANIES ACT, 2013 CASE
- TDS u/s.194C returns filed in ITR-1
- TDS on Property - Form 26QB Related
- Capital gains on sale of flat from wife to husband
- TDS filing for the 1st quarter of TY 2026-27
Related Topics :
CAclubindia
