Directors remuneration

This query is : Resolved 

05 July 2014 Hi,

In our company one of the director has resigned in February 2014, does he eligible for commission on net profits for the FY 2013-14.

Thanks

05 July 2014 If the Company's policy is to provide commission then he is eligible. Otherwise not.

05 July 2014 Thank you sir,

Company's policy means should it be mentioned in AOA or can it be just normal policy.

05 July 2014 First of all Welcome.

And there is no need to mention it in MOA or AOA, it is just a normal thing.


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