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Can an executive director be appointed as the manager

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(Guest)

Rs. 1.00 per month in above query.



J. Manivannan (Advocate & IP) (242 Points)
Replied 13 January 2012

Appointment of Manager and to fix the payment of remuneration can be done in terms of  Section 269 and Schedule XIII, and Section 314 never hit in case of Appointment of Director as Manager.



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