Can be an executive director without remunaration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 August 2013
Dear Sir
is it possible to appoint a person as an executive director with out remuneration and filing of form no.25c is required
Please share is there is any procedure for that and formats for appointment
thanks in advance
K Madhusudhana Rao
is it possible to appoint a person as an executive director with out remuneration and filing of form no.25c is required
Please share is there is any procedure for that and formats for appointment
thanks in advance
K Madhusudhana Rao
05 August 2013
Hi
As per 269, if you appointed Managing Director/Manager/WTD, then it is not necessary to pay remuneration. You can appoint him without remuneration.
I also appointed a MD and WTD without remuneration and file 25C accordingly.
As per 269, if you appointed Managing Director/Manager/WTD, then it is not necessary to pay remuneration. You can appoint him without remuneration.
I also appointed a MD and WTD without remuneration and file 25C accordingly.
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