We r in Pvt ltd company in which there is Two whole time director and one ordinary director
the net profit of a comapny is 6 crore
Company paying around 1 Crore to directors(Cumulative Amt)
What is the Maximum remunereation in CAse of Pvt ltd co
Vikas Aggarwal (CA ) (207 Points)
12 July 2012
We r in Pvt ltd company in which there is Two whole time director and one ordinary director
the net profit of a comapny is 6 crore
Company paying around 1 Crore to directors(Cumulative Amt)
What is the Maximum remunereation in CAse of Pvt ltd co
Tehsinkhan Pathan
(CA CMA DISA(ICAI) B.COM)
(3956 Points)
Replied 12 July 2012
Maximum remuneration will be as per the provision of Articles
Since section - 198 , 309 and schedule - xiii of Companies Act is not applicable to Private Company
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