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Remuneration

This query is : Resolved 
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(Querist)
16 June 2015 a person is director in different companies and collecting remuneration from all
is there any limitation or attracts any other liability?
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CA CMA CS Ram Pavan Kumar Melam

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CA CMA CS Ram Pavan Kumar Melam (Expert)
23 June 2015 It is not clear whether those different companies are public or private and the director is executive / non-executive / independent etc.

However, comply with the provisions of section 197 of the Companies Act, 2013 and Schedule V to the Companies Act, 2013.
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