Salary to director
This query is : Resolved
Abhijit Gupta
(Querist)
20 January 2012
What are the Restrictions on payment of Director's salary in case of Private Company????
20 January 2012
Please read the write up published in https://blog.rna-cs.com/2011/01/remuneration-of-directors-in-private.html
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????
How will that amount be determined i.e that the amount which the director is entitled to receive????
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????
How will that amount be determined i.e that the amount which the director is entitled to receive????
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????
How will that amount be determined i.e that the amount which the director is entitled to receive????
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
Regards
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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