Managerial remuneration to a director of a pvt ltd co
This query is : Resolved
22 April 2016
Querry :
1) What is the maximum amount of managerial remuneration payable to a director of Private limited company.
2) What is the maximum amount of commission remuneration payable to a director of Private limited company
can any 1 reply to the above subject
1) What is the maximum amount of managerial remuneration payable to a director of Private limited company.
2) What is the maximum amount of commission remuneration payable to a director of Private limited company
can any 1 reply to the above subject
CS Ankur Srivastava
(Expert)
22 April 2016
In case of Private Company there is no restriction. You can give any remunetation / commission by way of Board Resolution.
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22 April 2016
whether a copy of the board resolution is to be submitted to ROC, stating the percentage of commission & managerial remuneration payable to a director during the financial year
CS Ankur Srivastava
(Expert)
25 April 2016
No, in case of private company not required.
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