Director salary

hello friends,

is there any difference in directors salary and directors remuneration. if yes than can a company give salary to director more than that of their paid up capital ?

Replies (1)

Remuneration consists of salary and/or perquisites.  Remuneration is a broader term.  Some directors could get remuneration in the form of commission only and no salary.  Directors' remuneration could be in excess of paid-up capital also subject to  compliance of other provisions of the Act.

 

 

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