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Sitiing fees

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(Querist)
01 October 2009 Is sitting fees required to be paid again to the Directors at an adjourned or postponed meeting, if my articles are silent on this aspect?
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Guest

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Guest (Expert)
03 October 2009 no
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Ankur Garg

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Ankur Garg (Expert)
03 October 2009 YES.

My answer is based on the interpretation of section 309(2) read with DCA clarification w.r.t. sitting fee.

If you go by the very nature and purpose of sitting fee then very much required to be paid again.

Regards



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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
05 October 2009 I think Need not to pay again for adjourned metting, however travelling exepnses shall be
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Deepti Khandelwal

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Deepti Khandelwal (Querist)
05 October 2009 Thanks to all

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