Directors remuneration if loss
Adarsh Babu (49 Points)
13 April 2022
How much directors remuneration can be taken if the company is at a loss?
4 Replies
Kesavaraj S
(582 Points)
Replied 14 April 2022
It is specified in the Articles of Association of the Company....
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 14 April 2022
In the case of Pvt Ltd Company, remuneration can be paid as mentioned in the AOA or by passing a board resolution.
There are restrictions for Public Ltd Company.
sabyasachi mukherjee
(27849 Points)
Replied 22 April 2022
Everything has to be mentioned while formation of the company.
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