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Director sitting fees


Sai Prabhu Narayanan (Articled assitant )     22 July 2019

Sai Prabhu Narayanan
Articled assitant  
 6 likes  161 points

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How can a Private limited company start paying out director sitting fees ,what are the compliance's to be followed?

CS M Pota

CS M Pota (Company Secreatary)     22 July 2019

CS M Pota
Company Secreatary 
 93 likes  2831 points

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Call Board meeting and decide amount of sitting fees to be paid.

CS M Pota

CS M Pota (Company Secreatary)     22 July 2019

CS M Pota
Company Secreatary 
 93 likes  2831 points

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The amount of sitting fees should be within the prescribed limit.

Sai Prabhu Narayanan

Sai Prabhu Narayanan (Articled assitant )     22 July 2019

Sai Prabhu Narayanan
Articled assitant  
 6 likes  161 points

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Do we need to pass an ordinary resolution ?

CS M Pota

CS M Pota (Company Secreatary)     23 July 2019

CS M Pota
Company Secreatary 
 93 likes  2831 points

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If the Board is to decide only Board Resolution is required to be passed.


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