If a Pvt Ltd Co, pay remuneration to its Director then is it mandatory to disgnate him/her as a whole Time Director?
What are the provisions?
Regards,
Sondip Goswami
Menu
Remuneration to director
Replies (1)
As per section 269 of the existing Act, every public company or a private company which is a subsidiary of a public company, having a paid up share capital of Rs. 5 crore, is required to have a managing or whole time director or manager.
Recent Topic
- Clarification Needed: Reporting Accrued vs Paid FD
- TDS on prize given to participants in Livestock sh
- TDS related matter - 194 IA
- Research: How do CA firms handle GSTR-2B reconcili
- CA FINAL FR IndAS 33 Illustrtion 14
- Taxation on Sale of old Jewellery Received at Marr
- ITR-3 Filling issues
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
Related Topics
CAclubindia
