banner_ad

Can a Pvt Ltd Company Directors Salary be reduced in the middle of the financial year?

Pvt ltd 893 views 6 replies

Can a Pvt Ltd Company reduce the salary of Directors in the middle of the year because of poor financial performance? From 1.5 Lacs to 1 Lac per month? Company is already in loss from past 3 years and has carried forward losses.

Replies (6)
Yes, it's can reduce...
Not possible

Why not? Protecting bottom line for its stakeholders supersedes paying Director's salary if Director has given written consent? 

Its as per rules laid down in the companies actv2013.
But possible with a special resolution
Please avoid such stupidity replies My Dear Great Mr Sabyasachi Mukherjee...


In Your first reply -->> Not Possible

In Your second reply --->> Its as per rules laid down in the companies actv2013.
But possible with a special resolution

You are always confused...
And make confusion to query and Querist...

Stupid Sabyasachi, Please read query and give reply properly...
She or he is just posting nonsense on each and every post and all that for now reason.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details