Directors Remuneration

This query is : Resolved 

10 March 2010 Is there any limit for the director's remuneration for a private company if the co. is running in huge losses?

10 March 2010 Hello,

Strict provisions relating to managerial remuneration are not applicable to a private company. Hence you may any remuneration to your directors. Also check your articles in this regard.

Best Regards



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