Director's foreign travelling expenses.

This query is : Resolved 

03 July 2013 Can a Company sponsor Director's foreign tour expenses. (Director along with Family).
Pls help...

03 July 2013 Pls help...

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Guest (Expert)
04 July 2013 04.07.2013

Dear Nitesh,

The Board of Directors of the Company ought to adopt a resolution sanctioning and approving the concerned Director's foreign tour expenses approved and passed by at least two other Directors and the Independent Director appointed on the Board of the Company.

Regards,


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