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related party query
Can Hr head of one company (employee), be a full time director of another company. Further there is a service delivery partners engagement agreement between the two companies. Is this fall under related party translations sec 188
Replies (4)
HR head of one company can be non executive director not whole time, as it would imply dual employment.
Further, it will not be RTP as per the definition of Related party.
Further, it will not be RTP as per the definition of Related party.
What about service agreement between two companies
unless they are covered as related party definition there will not be rpt
Thank you.... Can you suggest me, he /she appoint as executive or non executive director??
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