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Querist : Anonymous (Querist)

11 December 2012 What is the Maximum Salary for M.D of Private Limited Company with Authorized Capital 1,00,000/- ?

Ajay Mishra

Ajay Mishra (Expert)
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11 December 2012 Hi

The provisions of remuneration to directors of the Companies Act, 1956 will not apply to private limited company. So it will depend on management to decide the maximum remunerations. It will depend on the company's articles.

You are free to pay any remuneration it is not related to authorised capital.

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