Partners remuneration and directors remuneration


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This discussion clarifies whether a managing director can receive remuneration from an LLP while also being a designated partner. The consensus is that drawing remuneration from an LLP in such a scenario is permissible. A further question arises regarding whether the limit of two companies includes LLPs, seeking clarification on this specific point.

23 September 2021 Can a managing director in 2 companies draw remuneration from LLP as a designated partner?

23 September 2021 Yes, remuneration from LLP can be drawn in such a case.

30 September 2021 sir will the limit of two companies includes LLP? Please clarify.


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