Menu
Section 197
Which resolution ( ordinary Or special) is required for the purpose of paying remuneration to Director in excess of % specified in the Act i.e. 1% , 3%, 5% & 10% ??
Replies (2)
Special Resolution required for this purpose.
Pursuance to provision of section 197 read with second proviso to sub-section 1 which authorise to pay remuneration in excess of % as mention in the Act,2013 it self by passing the special resolution by members of the company.
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
