Appointment of WTD/CEO would attract Related Party Transaction
Posted By :
Juhee Goyal /
Published on :
03-Sep-2022 06:51 AM /
View :
465 /
Comment :
0
Dear Members!
Mr. ‘X’ who is a promoter/director of a listed company is proposed to be appointed as WTD/CEO of the Company in terms of Sections 203, 196, 197, 198 and Schedule V of the Companies Act, 2013. Mr. X is also relative of other 2 promoter Directors of the Company. Would the appointment of Mr. X attract the provisions of Section 188(1)(f) i.e. whether holding position as WTD would tantamount to holding of office or place of profit.
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Published on :
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Comments : 2
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Published on :
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Comments : 2
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Published on :
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Published on :
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Published on :
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View :
245 /
Comments : 0
Hi Folks!
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