Can an Executive Director not be paid any remuneration in a Company ? and can he be an independent director in a company ? . Please mention the source of your answer IF POSSIBLE.
Sailesh Jain (None) (33 Points)
29 May 2012Can an Executive Director not be paid any remuneration in a Company ? and can he be an independent director in a company ? . Please mention the source of your answer IF POSSIBLE.
sangram ghatge
(company secretary in practice)
(198 Points)
Replied 29 May 2012
an executive director can be appointed without remuneration and he can be independent director.
SOURCE: companies act, 1956 and SEBI guidelines.
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