Office or place of profit - Prohibition against director holding - Prescribed limit under rule 10C of General Rules and Forms

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..... scribed limit under rule 10C of General Rules and Forms Section 314(1)(b) of the Companies Act, 1956, and the rules made thereunder provide that any partner or relative of a director, any firm in which such director or a relative of such director is a partner, any private company of which such director is a director or member, and any director or manager of such a private company, shall not hol .....

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..... f the Act and from Rs. 6,000 to Rs. 12,000 under section 314(1B) of the Act, with effect from 26th March, 1992, vide Notification No. GSR 353(E), dated March 26,1992. This is being brought to the notice of all concerned with the functioning of corporate sector. - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - ta .....

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