Conditions for appointment of managing/whole-time Director - Expenses incurred on travelling and transportation of personal effects of managing or whole-time director or manager

Reimbursement of director travel and personal effects transport permitted if company rules allow, without external approval.

Expenses on travel of a managing or whole-time director or manager and family and on transportation of personal effects on expiry of tenure are not perquisites and are not covered by Schedule XIII; companies may incur such expenses if the company's travelling rules provide for them, and no Central Government approval is required.