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Increase in directors remuneration

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2013 Respected Sir/Madam,

I am handling a private limited company which has increased remuneration of its directors. Is it necessary to inform ROC ? if yes then within how many days?

Please guide me.

15 May 2013 Nothing to report to ROC. Just pass board resolution and alter the remuneration as required.

15 May 2013 The provisions related to remuneration are not applicable to a Private Company.


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