sitting fees
This query is : Resolved
24 April 2016
what are the pre conditions for giving sitting fees to director and laws relating to it
CS Mitesh Mehta
(Expert)
25 April 2016
Pass Board resolution for payment of sitting fees.
Also check Articles of Association of the Company for provisions of sitting fees.
Further note that Maximum Sitting fees payable shall not exceed Rs. 1 Lakh per meeting of the Board or committee thereof.
Also check Articles of Association of the Company for provisions of sitting fees.
Further note that Maximum Sitting fees payable shall not exceed Rs. 1 Lakh per meeting of the Board or committee thereof.
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