One of the founder Directors of the Private Limited Company wants to retire because of his old age. He desires to know whether he is eligible for any retirement benefits like lump sum gratuity etc. I shall be grateful if this question is enlightened.
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Retirement benefits of a private company founder director
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https://economictimes.indiatimes.com/wealth/invest/how-to-calculate-gratuity/articleshow/61913387.cms
I think this article will help you to understand how and how much an employee can get as gratuity.
Thank you Sir,
But I am afraid that this may not apply to Directors of a private company who are shareholders. I shall be grateful for any precedent in this case.
Regards
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