Sourav Chatterjee (Management Trainee) 26 August 2015
If a Pvt Ltd Co, pay remuneration to its Director then is it mandatory to disgnate him/her as a whole Time Director?
What are the provisions?
Rama chary Rachakonda (Master in Accounts & Lawyer email ID:email@example.com voice no:9989324294) 30 August 2015
As per section 269 of the existing Act, every public company or a private company which is a subsidiary of a public company, having a paid up share capital of Rs. 5 crore, is required to have a managing or whole time director or manager.