Remuneration to director of a pvt. company

anonymous (proprietor) (237 Points)

02 February 2016  

Whether there is any provision of the companies act 2013 applicable to private companies for payment of remuneration to its directors or is it just governed by its articles? Also whether remuneration to be paid to the directors need to be approved by the shareholders or just a board resolution sufficient? Can someone please share a copy of the resolution?