Managerial remuneration to directors of private companies

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Shivam Gharat (Querist)
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22 December 2015 Is there any ceiling to pay remuneration to its directors in case of private company?
does section 197(1) applies to private company?

Pratik Shah

Pratik Shah (Expert)
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22 December 2015 No..Section 197 does not apply to Private Companies.

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Shivam Gharat

Shivam Gharat (Querist)
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23 December 2015 what about ceiling to pay remuneration?

Pratik Shah

Pratik Shah (Expert)
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23 December 2015 There are no limits for remuneration to Directors in case of Pvt Ltd Co.

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