I WANT TO REVISE MY PVT. LTD. COMPANY'S DIRECTORS REMUNERTION . SO PLZ CAN ANY ONE EXPLAIN ME ABOUT PROCEDURE
CA rohit swami (CHARTERED ACCOUNTANT) (262 Points)
30 April 2013I WANT TO REVISE MY PVT. LTD. COMPANY'S DIRECTORS REMUNERTION . SO PLZ CAN ANY ONE EXPLAIN ME ABOUT PROCEDURE
Pawan Mittal
(CA Final)
(702 Points)
Replied 04 May 2013
In case of private limited company there is no restrictin on the remuneration paid to the directors. As the provisions of section 309 is applicable only on public companies.
But check the articles of association of the company.
And you may pass an ordinay resolution to be on the safe side.
Mohit
(Ceo)
(25 Points)
Replied 23 September 2014
CAclubindia
