Section 394 of company act 1956
ANKIT SHARMA
(Querist) 22 July 2013
This query is : Resolved
Q1. Does Exception Given To M.D., W.T.D., In Section 314(1) Also Applies To Section 314(1B) ..?
If Yes, Than What To Do If Relative of Director Of pvt Co. Appointed As M.D. in same Pvt Co. having Remuneration More Than 250000 and what is the difference if this co. is a public co.
If No , Than Relative Of director appointed as M.D. in Same Co. Having Remuneration More Than 250000 Rs. Simply Attract Section 314(1b)
Q2. What is the effect When Section 314(3) Applies i.e. Deemed place of Profit, Whether S.R. require Or C.G. Permission Req, Or Both..?
Plz Explain
R.K Nanda
(Expert) 23 July 2013
read said act carefully.
ANKIT SHARMA
(Querist) 23 July 2013
SIR, I READ IT MANY TIMES AND GOT CONFUSED, THAT'S WHY I HAVE A QUERY. DOES MY QUESTION IS NOT ANSWERABLE....???
ANKIT SHARMA
(Querist) 23 July 2013
SORRY, I WRONGLY NAMED THE TOPIC IT IS SECTION 314 OF COMPANY'S ACT
