28 October 2022
Directors existence is different from company..company has a separate legal entity...then how the Director's personal finances growth with the company...like Reliance.. Whether they keep remuneration on the basis of that? Like if turnover of a company is 250 crores and Rs.15 lakh per month as Directors'remuneration is decided? Or there are any otherway of retrieving funds from company?
28 October 2022
It's mainly from salary and dividend director's growth will be there with the company. Directors hold majority shares. Directors remuneration fixed based on the profit earned by the company.
CAclubindia
