Directors salary

As per the provisions of the Section 185 of the Companies Act 2013, a Company can give loan to its Managing Director or whole Time Director as part of service extended to employees and by passing Special resolution.

But Loan given to other Director is prohibited or loan cannot be given to any other person in which Director is interested specifically for personal use. 

But private Company can give loan to other Director if the Conditions mentioned in section 185 are satisfied for its principal business activities.