Director remuneration

 

We r in Pvt ltd company in which there is Two whole time director and one ordinary director

the net profit of a comapny is 6 crore 

Company paying around 1 Crore to directors(Cumulative Amt)

What is the Maximum remunereation in CAse of Pvt ltd co

Replies (1)

Maximum remuneration will be as per the provision of Articles

Since section - 198 , 309 and schedule - xiii of Companies Act is not applicable to Private Company

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