Approval under the sub section is necessary only if a relative is appointed in some capacity other than a whole time or managing director

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....pril, 1969 (extracts). Subject:- Approval under the sub‑section is necessary only if a relative is appointed in some capacity other than a whole‑time or managing director Query : Whether approval under section 314(1B) would not be required for appointing any of the relatives of a director or managing director as whole‑time director of the same company, if such appointee ful....