Ceo can charge professional fees instead of salary

Dear Arpit Garg,

Your question is not clear, however i am giving this answer assuming the company a public limited company.

1. A CEO or managing director may be appointed until he attains age of 70 years.

2. A director who crosses 70 years age may be appointed as managin g director with special resolution by virtue of sch.XIII Part I (1)(c)(ii).

3.He may be appointed with salary, in addition, if he provides any other professional services he is eligible to claim professional fee under sec.309(1)(a)