Director's remuneration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 May 2012
an employee getting remuneration in a pvt limited company is also the director of the same private limited company. does he become the Managing Director?
Ajay Mishra
(Expert)
07 May 2012
Hi
Yes, you can do so, because the provisions of appointment and remuneration to director and managing director will not apply to private company so you are free to pay remuneration and appoint him as managing director.
Regards
Yes, you can do so, because the provisions of appointment and remuneration to director and managing director will not apply to private company so you are free to pay remuneration and appoint him as managing director.
Regards
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