Managerial Remuneration for Private Companies

NO CEILING LIMIT MANSI

Hi,

Strict provisions related to managerial remuneration are not applicable to a private company. Hence you are free to give any remuneration to the director of a private company, subject to the provisions of your AOA.

Thanks

Please find enclosed herewith a file containing provisions for managerial remuneration. Trust this file would be of some help. revert if there is any doubt.

Regards

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