increment in directors remuniration
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 June 2013
Hi friends.....
is anybody tell me whats the requirement of increasing directors remuneration of pvt.ltd.from a)100000 to 250000.& b)40000 to 80000.
is possible if company's paid up capital only 100000?
what is the rules regarding increasing the directors remuneration?
is anybody tell me whats the requirement of increasing directors remuneration of pvt.ltd.from a)100000 to 250000.& b)40000 to 80000.
is possible if company's paid up capital only 100000?
what is the rules regarding increasing the directors remuneration?
17 June 2013
Dear Anonymous,
The maximum cap under Companies Act, 1956 Section 309 or schedule XIII is not applicable to pvt company, however the remuneration can be paid subject to AOA and share holders approval is a good corporate goverance.
The maximum cap under Companies Act, 1956 Section 309 or schedule XIII is not applicable to pvt company, however the remuneration can be paid subject to AOA and share holders approval is a good corporate goverance.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- FORM 141 SDV query
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- GST not cancelled by tenant
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Filling ITR - U
- Form 140 tds
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
