Office of Profit

Hi

Such appointment will come under section 314 of the Companies Act, 1956.

Regards

No...

Prima Facie section 314 is not applicable as long as director himself is not holding O or PoP.

Plz share the proposed  remuneration of relative employee along with the remuneration drawn by director to suggest you something.

Thanx

Originally posted by : D н ! я σ ĵ
	Hi ankur sir, m sorry, but i think, theres no suc requirement of director holding PoP, then only sec 314 applies... It applies in any case, wether director holds any place of profit or not., if his relativ is appointed for PoP.... But still, i'll refer my finals notes and reply accordingly...

Sorry mat bol yaar...would request you to focus on the word "such" used in section 314(1)(b)...