Directors Remunaration
This query is : Resolved
18 August 2009
What is the maximum and minimum amount of remunaration payable to a director as per Companies Act ?
Ankur Garg
(Expert)
18 August 2009
Disagree with Manoj.
For a private company there is no limit regarding Managerial remuneration.
But a public company is governed by strict Managerial remuneration provisions.
Read Section 198, 309, 310 and 311 read with Schedule XIII of the companies act, 1956.
Regards
For a private company there is no limit regarding Managerial remuneration.
But a public company is governed by strict Managerial remuneration provisions.
Read Section 198, 309, 310 and 311 read with Schedule XIII of the companies act, 1956.
Regards
Ankur Garg
(Expert)
18 August 2009
Let me know your e mail id through PM. I'll send you some notes on Managerial remuneration.
Regards
Regards
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