Directors remuneration

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SUDHIR DESHPANDE (Querist)
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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.

Ajay Mishra

Ajay Mishra (Expert)
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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.

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