Director Remuneration

Hi everyone...
what are the procedures for changing the salary of the director ( reducing salary) during the F.Y. in the Pvt Ltd co.?
Any forms must be submitted to ROC? and what are the procedures?

plz help me...
Replies (2)
Quick Summary
This discussion addresses the process of reducing a director's salary within a Private Limited company during the financial year. It clarifies that a board resolution is required to approve the salary reduction. Importantly, no specific forms need to be filed with the Registrar of Companies (ROC) for this change.

Pass resolution for reducing salary

No need fill any form
Can you send us a format for the above?

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