Sec 309 of Companies Act

Hi all. whether this restriction is applicable to a private company??

Originally posted by : Arun Ram
	Hi all. whether this restriction is applicable to a private company??

Strict provisions relating to remuneration are not appliable to a private company. Check the provisions of articles in case of a private company.

Also find attached one of my useful files for managerial remuneration. Trust this file would be off some help.

Thanks