314 resolution
This query is : Resolved
poonam malpani
(Querist)
23 April 2011
Dear All
Can anyone provide me the draft resolution of section 314 for increasing the remuneration of Director to Rs 50,000/-
its urgent
Dear All
Can anyone provide me the draft resolution of section 314 for increasing the remuneration of Director to Rs 50,000/-
its urgent
23 April 2011
Hi Poonam,
On the letter head of the Company
EXTRACTS FROM THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE COMPANY HELD ON AUGUST 14, 2009 AT 10.00 A.M AT Reg.Office address of the Company.
INCREASE OF REMUNERATION PAYABLE TO DIRECTOR
The Board discussed necessity of increasing remuneration of Rs.50,000/- payable to Mr.___________, Director of the Company, Accordingly, it was
“Resolved that consent of Board of Directors be and is hereby accorded to increase remuneration payable to Mr. ¬¬¬¬¬¬¬¬________ from Rs._________ /- per month to the Rs.______ /-per month with effect from August 01, 2009”.
//Certified True Copy\\
for _________________________
Director
On the letter head of the Company
EXTRACTS FROM THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS OF THE COMPANY HELD ON AUGUST 14, 2009 AT 10.00 A.M AT Reg.Office address of the Company.
INCREASE OF REMUNERATION PAYABLE TO DIRECTOR
The Board discussed necessity of increasing remuneration of Rs.50,000/- payable to Mr.___________, Director of the Company, Accordingly, it was
“Resolved that consent of Board of Directors be and is hereby accorded to increase remuneration payable to Mr. ¬¬¬¬¬¬¬¬________ from Rs._________ /- per month to the Rs.______ /-per month with effect from August 01, 2009”.
//Certified True Copy\\
for _________________________
Director
Message likes :
1 times
Pravin Gupta CS
(Expert)
24 April 2011
under sec. 314.... board cannot have the authority to pass resolution,,,
and one thing.. u not mention the nature of the post of director.... because sec. 314 applicable only if the director hold office other than his directorship....
so can u pls reexplain ur question....
and one thing.. u not mention the nature of the post of director.... because sec. 314 applicable only if the director hold office other than his directorship....
so can u pls reexplain ur question....
Message likes :
1 times
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
