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Sealing Limit For Director


CA Narendra Gupta (CA )     20 September 2010

CA Narendra Gupta
CA  
 6 likes  256 points

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What is the sealing limit for Managerial remuneration for director of private limited company  ?

avater

Ankur Garg (Company Secretary and Compliance Officer)     20 September 2010

Ankur Garg
Company Secretary and Compliance Officer 
 15472 likes  114604 points

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Hello,

 

Strict provisions relating to menagerial remuneration are not applicable to a private company. So a private company is free to give any remuneration to its directors subject to the provisions of its articles.

 

You are requested to check your article for any provisions regarding remuneration.

 

Thanks

avater

Ankur Garg (Company Secretary and Compliance Officer)     20 September 2010

Ankur Garg
Company Secretary and Compliance Officer 
 15472 likes  114604 points

View Profile | My Other Post

Also check my file on managerial Remuneration for all the information.

 

Thanks


Attached File : 16 remuneration of managerial personnel.pdf downloaded: 107 times

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