Remuneration to director
This query is : Resolved
20 September 2014
sir,
what is the provision for directors remunerstion in a private limited company as per companies act 2013
CS Mitesh Mehta
(Expert)
20 September 2014
Section 197 of the Companies Act, 2013 prescribed the maximum
ceiling for payment of managerial remuneration which applicable to public company and not to private company
ceiling for payment of managerial remuneration which applicable to public company and not to private company
Ankur Garg
(Expert)
22 September 2014
Agree with expert.
Strict provisions of CA 2013 related to remuneration of directors are not applicable to a private company.
Thanks
Strict provisions of CA 2013 related to remuneration of directors are not applicable to a private company.
Thanks
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