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Companies Law - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Exclusive employment of the company - prohibition contained in ...

Companies Law

December 19, 2015

Exclusive employment of the company - prohibition contained in Section 314(1)(b) of the 1956 - relative of a Director of a company - The statutory mandate is that being a Director in a non-remunerative and non-executive position in other companies does not amount to being in employment of those companies or holding a place of profit in those companies. - HC

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