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Director remuneration

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Yash Patidar

Yash Patidar (Querist)
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19 October 2011 Dear,
I have one query about director remuneration payments.Can Non Executive Director be paid commission out of quarterly Net profits?

CA Navin Jain

CA Navin Jain (Expert)
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19 October 2011 yes

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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19 October 2011 commission can be paid to Non Executive Director. for this, special regulation should be pass.

Yash Patidar

Yash Patidar (Querist)
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20 October 2011 Is it quarterly profit or yearly ?

CA Navin Jain

CA Navin Jain (Expert)
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20 October 2011 ITS BASED ON THE COMPANY POLICIES

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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20 October 2011 may be quarterly Net profits or may be yearly profits.

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