Board meeting fees

Dear Friends

Venue of Board Meeting for the Company registered in Pune, Maharashtra is at Germany

Can Sitting Fees be paid in INR for the attending Directors ?

Request your earliest opinions with supportings

Milind

Replies (3)

I think that the fees to be paid should be in the currency of the place where the Board Meeting is being held. So, the fees has to be paid in the German currency.

I think that the fees has to be paid in the currency of the place where the Board Meeting is being held, which in this case is Germany.
 

Yes Milind...no hard and fast rule for the same......

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