Directors remuneration
This query is : Resolved
NIRMAL KUMAR RENIWAL
(Querist)
18 August 2012
can a executive director(other then MD/WTD) get monthly remuneration from two or more than two company.
Ajay Mishra
(Expert)
18 August 2012
Hi
Yes, their is no restriction on getting remuneration from two companies.
Yes, their is no restriction on getting remuneration from two companies.
SANYAM ARORA
(Expert)
18 August 2012
Yes he can there are no such restrictions
RENGARAJ R.K
(Expert)
19 August 2012
Yes sir, there is no restriction as long as he accounts the same and pays proper income tax to the govt.
NIRMAL KUMAR RENIWAL
(Querist)
20 August 2012
is there any restrictions for holding directorship in companies where director is executive director and whole time employee of company.
RENGARAJ R.K
(Expert)
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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