Director salary/remuneration in private company
This query is : Resolved
15 February 2017
Dear Sir,
please provide the section reference related to Director remuneration in Private Company. Maximum Amount that can be paid to Director in a Private Company. Provide Section Reference for Private Company Director Remuneration
Regards
Priya
please provide the section reference related to Director remuneration in Private Company. Maximum Amount that can be paid to Director in a Private Company. Provide Section Reference for Private Company Director Remuneration
Regards
Priya
CS Mitesh Mehta
(Expert)
21 February 2017
section 197 which deals with remuneration payable to managerial personnel is applicable to public companies only. There is no restriction on payment of remuneration to directors of private limited company.
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