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Section -197 - what is meaning of professional ?

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 July 2015 Dear All,
As per section 197 of Companies Act, 2013, Director remuneration limits will not be applicable if director provides services in the nature of its professional capacity. Can you please define what is called "Professional" ?

Whether we can include "Software Developer" as a Professional ?

08 July 2015 it means suppose a director is also a CA and has practicing firm then if he advises as a ca then its said that he has advised as a professional and not in capacity of director to co



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