Director remuneration


This query is : Resolved 

(Querist)
11 September 2009 If company has net loss, how much director remuneration can be provided?

11 September 2009 Dear Alpa

Pls elaborate the query...

Bcz following are the detarminants of managerial remuneration:

1. Public co or private co or subsidiary of publuc co
2. Sec 269 is applicable or not
3. Effactive capital

rgds

Ankur Garg (Expert)
11 September 2009 If your co. is a pvt. co. then there is no problem as strict provisions of managerial remuneration are not applicable to a pvt. co.

Regards


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