Fixing of Directors renumaration
This query is : Resolved
14 May 2010
What is the Cretria for fixing the Director Renumaration.
14 May 2010
Strict provisions relating to remuneration are not applicable to a private company. So if your company is a private company u may pay any remuneration subject to the provisions of your articles.
For public company kindly refer section 198 and section 309(3) and (4) along with schedule XIII if your company is a loss making company.
For public company kindly refer section 198 and section 309(3) and (4) along with schedule XIII if your company is a loss making company.
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