Increase in remuneration
This query is : Resolved
12 January 2016
There is an NBFC(Private Limited company) whose debt are listed on BSE.We want to increase remuneration of our Managing Director & Whole time director.Kindly guide me what is the process for the same.
Kindly tell me if there any ceiling limit for the same.
Kindly tell me if there any ceiling limit for the same.
12 January 2016
Mr. Sumit,
For increase in remuneration of Managerial Personnel in Private Company you need only Board Resolution. And there is no limit of remuneration to directors in case of private limited Company.
For increase in remuneration of Managerial Personnel in Private Company you need only Board Resolution. And there is no limit of remuneration to directors in case of private limited Company.
13 January 2016
Thank you Sir,
Is there form we need to file with ROC
Is there form we need to file with ROC
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Eway bill not cancelled within 24 hous what can be due
- GST rate and HSN code for sale of racing horses
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
