Office or place of profit - Prohibition against director holding - Prescribed limit under rule 10C of General Rules and Forms

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....- Prescribed limit under rule 10C of General Rules and Forms The provisions of section 314 of the Companies Act, 1956 impose certain conditions which govern appointment of a director, his relative or partner or relative of a partner, etc., to an office or place of profit in the company. In terms of these provisions and the notification issued thereunder by the Central Government, no director, h....