Question
As per the provisions of the Companies Act, 2013, a whole-time Key Managerial Personnel (KMP) shall not hold office in more than one company except
As per the provisions of the Companies Act, 2013, a whole-time Key Managerial Personnel (KMP) shall not hold office in more than one company except its subsidiary company at the same time. Referring to Section 13 of the General Clauses Act, of 1897, examines whether a whole-time KMP can be appointed in more than one subsidiary company.
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Payroll Accounting 2016
Authors: Bernard J. Bieg, Judith Toland
26th edition
978-1305665910, 1305665910, 1337072648, 978-1337072649
