Salary of a Managing Director of a Private Limited Co

This query is : Resolved

CELINE GEORGE (Querist)
Follow

25 July 2010 Is there a limit on the salary that a managing director of a private limited company can withdraw? Is there any relation between the total capital investment in the company by the director and his/her salary?
Also is there a difference between the terms "salary to a managing director" and "remuneration of a managing director"? If so is there a limit on either of them?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

25 July 2010 Overall limits to managerial remuneration is not applicable to a private limited comapany unless it is a subsidiary of a public company.
Remuneration and capital investment of the company is not related.
Generally there is no difference between remuneration and salary. But depends how company describes it in the articles / resolutions etc.
However a private company has to take care of the matters of remuneration through the clauses of it Articles of Association.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Shantaveeresh Manur

AJAY Kumar Agrawal

RATI MALU

ASHOK KUMAR TEKURU

RISHI LATTA

Subscribe Now

Salary of a Managing Director of a Private Limited Co

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANT

GST CONSULTANCY

CA Final

Manager- Finance and Compliance

Senior Executive