Menu
Director remuneration
a pvt. company has 3 directors and out of them one director remuneration is getting fixed in BM.
but one is in favour and another is in against the resolution
majority of shares are held by favouring and intrested director.
what powers can be excersised by the director to pass the resoultion ?
can EGM be called up?
if yes can intrested partner vote in EGM
Replies (1)
Hi,
Notification dt. 5th June, 2015 provides expemption to pvt. cos. from sec.184 (2). Therefore interested director can participate after disclosure of his interest.
Regards
Hemant
Recent Topic
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
Related Topics
CAclubindia
