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[Cites 0, Cited by 0] [Section 314(3)] [Section 314] [Entire Act]

Union of India - Subsection

Section 314(3)(b) in The Companies Act, 1956

(b)in case the office or place is held by an individual other than a Director or by any firm, private company or other body corporate, if the individual, firm, private company or body corporate holding it obtains from the company anything by way of remuneration whether as salary, fees, commission, perquisites, the right to occupy free of rent any premises as a place of residence, or otherwise.