Director professional remuneration: Central Government opinion required when a director provides professional services, including advocates. The Central Government's expression of opinion is required where a director renders professional services, including practice as an advocate; the company must apply naming the company(ies) involved and obtain a separate opinion for each director from the Government. Section 309 concerns remuneration of individual directors, not firms, so advocate firms need not seek approval for the director's services.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Director professional remuneration: Central Government opinion required when a director provides professional services, including advocates.
The Central Government's expression of opinion is required where a director renders professional services, including practice as an advocate; the company must apply naming the company(ies) involved and obtain a separate opinion for each director from the Government. Section 309 concerns remuneration of individual directors, not firms, so advocate firms need not seek approval for the director's services.
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