Director remuneration

Yes.

The appointment of a managing director or whole-time director or manager and the terms and conditions of such appointment and remuneration payable thereon must be first approved by the Board of directors at a meeting and then by an ordinary resolution passed at a general meeting of the company.
A notice convening Board or general meeting for considering such appointment shall include the terms and conditions of such appointment, remuneration payable and such other matters including interest, of a director or directors in such appointments, if any.

Even in case of private company you have to disclose the remuneration in resolution. 

Thanks Vandana and Mitessh

In this case Pvt ltd. Company wish to pass following Resolution

"Resolved that remuneration of Mr. _(MD)___ is hereby revised as per the terms and conditions mentioned in the proposal/agreement made between Mr. _(MD)___  and the Company the copy of which was placed before the Board for discussion. "

Can this company go ahead with such resoln

Milind