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Director's remuneration limits

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 May 2014 Are there any limits provided for director and managing director remuneration in the case of private companies in the companies act,2013
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CS Brij Agnihotri Sharma

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CS Brij Agnihotri Sharma (Expert)
09 May 2014 Limits of remuneration is dealt with Section 197, which is applicable on public companies not private companies
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Querist : Anonymous

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Querist : Anonymous (Querist)
10 May 2014 So, there are no limits for remuneration of director or managing director as per companies act,2013 ????
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