is sitting fees payable to nominee or sponsor director ? as the company paid fees only independent director, is it ok
is sitting fees payable to nominee or sponsor director ? as the company paid fees only independent director, is it ok
i dont get ur question
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
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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