https://www.taxtmi.com/forum/issue?id=119689 Appointment of the same person as Key Managerial Personnel in a holding company and its subsidiary is permissible provided both boards pass resolutions, the individual discloses conflicts of interest, and contractual and AoA provisions permit the arrangement. A subsidiary may pay the KMP's salary if the subsidiary's board approves terms, the remuneration conforms to limits under the Companies Act, 2013 (or secured exemptions), disclosures are made in financial statements, and tax and reporting obligations are satisfied. en-us Sat, 08 Mar 2025 10:23:17 +0530 Thu, 13 Mar 2025 15:12:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119689 Appointment of the same person as Key Managerial Personnel in a holding company and its subsidiary is permissible provided both boards pass resolutions, the individual discloses conflicts of interest, and contractual and AoA provisions permit the arrangement. A subsidiary may pay the KMP's salary if the subsidiary's board approves terms, the remuneration conforms to limits under the Companies Act, 2013 (or secured exemptions), disclosures are made in financial statements, and tax and reporting obligations are satisfied. Discussion-Forum Companies Law Sat, 08 Mar 2025 10:23:17 +0530 https://www.taxtmi.com/forum/issue?id=119689