Managerial remuneration
This query is : Resolved
SANJAY KUMAR AGARWAL
(Querist)
29 October 2012
Is there any guideline regarding the managerial remuneration of the directors of a PRIVATE limited company which is NOT a subsidairy of a public limited company.Is there any limit on the maximum remuneration payable to the directors of such company.
Ajay Mishra
(Expert)
29 October 2012
Hi,
No, the remunerations of directors of private limited company is totally govern by its articles. If article are silent then you are free to decide the remunerations of directors of private company.
The provisions of Companies Act, 1956 relating to remunerations of director is not applicable to private limited company.
No, the remunerations of directors of private limited company is totally govern by its articles. If article are silent then you are free to decide the remunerations of directors of private company.
The provisions of Companies Act, 1956 relating to remunerations of director is not applicable to private limited company.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- GSTR9 Annual Return
- Employee secondment
- Ito add credit side of bank
- Applicability of tax on invoice
- Rectification under processing even after 6 months cpc portal
- Form 144 TDS Return Validation error
- GST ITC as per notification 12/2023- central tax
- Import of Capital Machine
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- 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
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
