Sealing Limit For Director

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

Replies (2)

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

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

 

Thanks

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