Director remuneration in pvt limited company
This query is : Resolved
Guest
Guest
(Querist)
07 July 2014
Hii experts...
CAN ANY ONE PROVIDE ME INFORMATION REGARD MAXIMUM DIRECTOR REMUNERTION LIMIT IN PVT. LIMITED COMPANY , HOW MUCH MAXIMUM REMUNERTION CAN PVT. COMPANY PAY TO DIRECTORS UNDER NEW COMPANIES ACT 2013 (ONLY FOR PVT. CO)
CAN ANY ONE PROVIDE ME INFORMATION REGARD MAXIMUM DIRECTOR REMUNERTION LIMIT IN PVT. LIMITED COMPANY , HOW MUCH MAXIMUM REMUNERTION CAN PVT. COMPANY PAY TO DIRECTORS UNDER NEW COMPANIES ACT 2013 (ONLY FOR PVT. CO)
07 July 2014
Kindly appreciate strict provisions related to Director remuneration are not applicable on a private company. Further please check section 197.
Section 197 related to Director Remuneration is applicable only on public company. So in a private company you are free to fix any remuneration as per industry standard. Also check the provisions of your Articles in this regard.
Thanks
Section 197 related to Director Remuneration is applicable only on public company. So in a private company you are free to fix any remuneration as per industry standard. Also check the provisions of your Articles in this regard.
Thanks
Guest
Guest
(Querist)
07 July 2014
Thank you sir
07 July 2014
You are always welcome and keep sharing your doubts here in expert section of Caclubindia.
Best Regards
Best Regards
Guest
Guest
(Querist)
07 July 2014
ok sir..you always help me..thanks
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