limit on Director salary in Private Limited Company

kaushal kumar (student) (67 Points)

05 January 2009  

Dear Sir

Wish you very happy & prosperous new year.

Sir i have a query about directors salary in a private limited company.

1) Is there any limit on Director Salary in a Private limited company by Company act? or any amount of salary we could pay to Directors.

2.) Whether it is necessary to pay salary to all  the directors in a Private limited company ?

 

Thanking You