TMI BlogApproval under the sub section is necessary only if a relative is appointed in some capacity other than a whole time or managing directorX X X X Extracts X X X X X X X X Extracts X X X X ..... val under the sub‑section is necessary only if a relative is appointed in some capacity other than a whole‑time or managing director Query : Whether approval under section 314(1B) would not be required for appointing any of the relatives of a director or managing director as whole‑time director of the same company, if such appointee fulfils the condition laid down in Schedule XI ..... X X X X Extracts X X X X X X X X Extracts X X X X
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