Appointment of a wtd

This query is : Resolved 

21 October 2013 In a public company there are 4 Directors & all are drawing remuneration. Form 32 was filed when they were appointed. However i would like to know if there are any more compliances.

21 October 2013 Hi

In case of public company you should have the proper combination of executive and non executive directors.


21 October 2013 what is the proper combination

21 October 2013 At least 50% of the Board should be non executive director who will decide the remuneration of executive directors.

21 October 2013 My company is a public company but it is not listed so i guess the executive & non executive thing is not applicable.

21 October 2013 You should have such combination. For a good combination of Board.

21 October 2013 What are the other formalities

21 October 2013 Can i pay remuneration to Directors who are not whole time directors but only Directors

21 October 2013 Yes, but he should be executive director or you can change their position from non executive to executive.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details