If a Whole Time Director of a public company decides not to take any remuneration from the company and is willing to continue his services , what would be the effect of the same??
Kanika Gupta (C.S Trainee) (100 Points)
24 March 2011If a Whole Time Director of a public company decides not to take any remuneration from the company and is willing to continue his services , what would be the effect of the same??
Jayashree S Iyer
(Company Secretary)
(3224 Points)
Replied 24 March 2011
A whole time director can provide honarary services. There is no prohibition according to me.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
