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Salary to director

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(Querist)
20 January 2012 What are the Restrictions on payment of Director's salary in case of Private Company????
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
20 January 2012 Please read the write up published in https://blog.rna-cs.com/2011/01/remuneration-of-directors-in-private.html
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Abhijit Gupta

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Abhijit Gupta (Querist)
20 January 2012 As per Section 314,"If a director receives more than what he is entitled to receive"
How will that amount be determined i.e that the amount which the director is entitled to receive????
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Abhijit Gupta

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Abhijit Gupta (Querist)
20 January 2012 As per Section 314,"If a director receives more than what he is entitled to receive"
How will that amount be determined i.e that the amount which the director is entitled to receive????
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Abhijit Gupta

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Abhijit Gupta (Querist)
20 January 2012 As per Section 314,"If a director receives more than what he is entitled to receive"
How will that amount be determined i.e that the amount which the director is entitled to receive????
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CS Pawan Kumar Baid

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CS Pawan Kumar Baid (Expert)
25 January 2012 Sec 198 relating to managerial remuneration is not applicable to private company hence you can pay as much as u please to director.

Regards
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Abhijit Gupta

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Abhijit Gupta (Querist)
27 January 2012 But sec 314 applies to private company.Therefore there will be some restriction on director's salary?
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