PLEASE TELL ME ONLY THE SECTION OF COMPANY LAW UNDER WHICH SHARE HOLDER CAN BE THE EMPLOYEE OF THE COMPANY
SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
02 December 2010PLEASE TELL ME ONLY THE SECTION OF COMPANY LAW UNDER WHICH SHARE HOLDER CAN BE THE EMPLOYEE OF THE COMPANY
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 02 December 2010
Sorry...there is no section in company law to that effect...
It is quite general that a shareholder can be an employee of the company so there is no section required for that...
Take an example of Employee Stock Option Scheme (ESOP)...
I hope it is enough...
Thanx
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