payment of professional fees to directors in private limited
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 March 2011
what are the formalities regarding payment of professional fees to directors in private limited companies
CS Jignesh Mistry
(Expert)
21 March 2011
in a pvt ltd co. it is just like engaging professionals...u can have engagment letter signed between parties. ensure that it is placed before the Board for their approval.
Jayashree S Iyer
(Expert)
22 March 2011
Ensure compliance of Section 299 and 301 of the Companies Act, 1956.
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