Directors remuneration
This query is : Resolved
19 August 2012
In Pvt Ltd. Company Director is holding post of Jt.M.D. and remunertion is paid in that company as whole time director. He is also director in other Pvt.Ltd.co.so can he take remuneration in other company? Pl. confirm & reply.
19 August 2012
Hi
I think, your query is very confusing.
You are saying, that he hold post of joint MD and take remuneration of WTD.
But as per Companies Act, a director can get remunerations from two companies subject to the maximum limit.
I think, your query is very confusing.
You are saying, that he hold post of joint MD and take remuneration of WTD.
But as per Companies Act, a director can get remunerations from two companies subject to the maximum limit.
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