Directors sitting fees
This query is : Resolved
20 November 2012
Hi,
Suppose Mr. A is a Director in a Company. Due to his inability to attend the Board Meeting, Mr. B is appointed as Alternate Director to Mr. A.
Now Mr. B attends a Board Meeting as alternate director to Mr. A.
Is Mr. B entitled to a cheque for sitting fees or Mr. A (who is the original director) entitled to the sitting fees??
Please answer my query.
Regards
Arijit
Suppose Mr. A is a Director in a Company. Due to his inability to attend the Board Meeting, Mr. B is appointed as Alternate Director to Mr. A.
Now Mr. B attends a Board Meeting as alternate director to Mr. A.
Is Mr. B entitled to a cheque for sitting fees or Mr. A (who is the original director) entitled to the sitting fees??
Please answer my query.
Regards
Arijit
20 November 2012
Hi
Mr. B will be entitled to take sitting fee and reimbursement of all expenses made for attending the Board Meeting.
Mr. B will be entitled to take sitting fee and reimbursement of all expenses made for attending the Board Meeting.
21 November 2012
Sitting fee shall be given to the Alternate Director.
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