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Law doubt

Others 541 views 3 replies

is sitting fees payable to nominee or sponsor  director ? as the company paid fees only independent director, is it ok

Replies (3)

i dont get ur question

Sitting fees is only paid to Non Executive Directors of the Company

Sitting fees is payable to all the directors of the company including nominee director. But the same is not payable to Managing Director. I would advise you to check provisions of your article regarding sitting fees.

 

Thanks


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