Directors remuneration

This query is : Resolved 

18 August 2012 can a executive director(other then MD/WTD) get monthly remuneration from two or more than two company.

18 August 2012 Hi

Yes, their is no restriction on getting remuneration from two companies.

18 August 2012 Yes he can there are no such restrictions

19 August 2012 Yes sir, there is no restriction as long as he accounts the same and pays proper income tax to the govt.

20 August 2012 is there any restrictions for holding directorship in companies where director is executive director and whole time employee of company.

21 August 2012 Yes one can be a whole time director in a Company 'as employee' and also an independent director in another company.


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