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    Is need to file MGT-14 in the case section 188 applicable

    Posted By : SHALU / Published on : 27-Sep-2022 08:04 AM / View : 472 / Comment : 0

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    Rule 15 Contract or Arrangement With a Related Party states :-

    (b) is for appointment to any office or place of profit in the company, its subsidiary company or associate company at a monthly remmuneration exceeding two and a half lakh rupees as mentioned in clause (f) of sub-section (1) of section 188.

    Anything apart from remuneration to director will fall under place of profit.
    Read more on : applicable section case file need

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