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
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.
22 March 2011
Ensure compliance of Section 299 and 301 of the Companies Act, 1956.
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