Re-imbursement of expense of non-executive director read mo

Rakesh Rao (CA Final Student) (408 Points)

07 February 2018  


Can a company re-imburse a Non-Executive Director's expenses (Eg: Hotel, food, etc) which he has incurred during official work of the Company?

Does it require BOD approval or clause in AOA?



  1. Company is wholly-owned Subsidiary of Listed company.
  2. Director is paid sitting fees for attending BOD meeting.