Remuneration to directors
This query is : Resolved
SHILPA MAHAJAN
(Querist)
17 January 2013
Can a private company give cash to its directors as advance remuneration?
(more than 20000 during the year)
(more than 20000 during the year)
Ajay Mishra
(Expert)
17 January 2013
Hi
Yes, then can give advance remuneration, no restrictions under the Companies Act, 1956.
Yes, then can give advance remuneration, no restrictions under the Companies Act, 1956.
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