Section 197(14) of company act, any director who is in receipt of any commission from the company and who is a managing or whole-time director of the company shall not be disqualified from receiving any remuneration or commission from any holding company or subsidiary company of such company subject to its disclosure by the company in the Board’s report. In this any director are given this benefit or only md or wtd are given this benefit???
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Section 197 (14)
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Section 197(14) is applicable on MD and WTD.
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