Criteria of Director's Salary

A/c entries 968 views 5 replies

please let me know - what is the criteria of directory's salary  in a pvt ltd company by company law .This company in which almost 100%  shares owned by both directors  and company engaged in construction activity 

Replies (5)

Dear Sachin, in case of private companies, there is no restriction on the remuneration to be paid to directors.

There is no restriction or  specific criteria for Directors' remuneration of Pvt Ltd company. The restrictions or criteria is applicable for Public Ltd Companies.

 

Dear Sir,

 

Please let me know the criteria of director's salary in a public limited company

@ naga: For public ltd company I do not remember the exact limits of Part time and Whole time Directors but the total mangerial remuneration should not exceed 5%.

Thank you Avijit


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