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A Private company appointed a additional director in January 2009 and missed to regularised him in AGM 2009 and till date he is showing as Additional director and also signing balance sheet and director report.
What we can do to regularise him whether we can regularise him in current AGM or we have to regularise him from 2009?
What are the consequences and what are the remedies.
In anticipation of early response.
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Dear All
An individual is director in 5 pvt. Ltd. Companies however he is drawing the remuneration as follow....
1) in first company 70000/- PM
2) in second company 40000 PM
3) in third company 90000/- PM
4) in forth company 100000/- PM
5) in fifth company 300000/- PM
In all 5 companies he is drawing 6 Lakh PM remuneration.............
Query :- 1) how much maximum remuneration this director can accept from all 5 pvt. Companies?
2) in how many companies an individual can be director? Is there any ceiling limit also quote the section for the same,
Pls resolve my query No. 1 with an example if possible,
Thanks & Regards
Tanvi Agarwal
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SIR,
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Additional director not regularised in agm 2009 till now