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    <title>Office or place of profit - Prohibition against director holding - Prescribed limit under rule 10C of General Rules and Forms</title>
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    <description>The circular notifies increased monetary thresholds that determine when relatives, partners, firms, or private companies connected to a director or manager holding an office or place of profit require the company&#039;s consent by special resolution, and when higher thresholds additionally necessitate prior Central Government approval, thereby altering the remuneration levels that trigger these approval and compliance obligations under company law.</description>
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    <pubDate>Wed, 22 Apr 1992 00:00:00 +0530</pubDate>
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      <description>The circular notifies increased monetary thresholds that determine when relatives, partners, firms, or private companies connected to a director or manager holding an office or place of profit require the company&#039;s consent by special resolution, and when higher thresholds additionally necessitate prior Central Government approval, thereby altering the remuneration levels that trigger these approval and compliance obligations under company law.</description>
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