section 309(1)(b)

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Hi,

Please explain the section 309(1)(b) of the companies act, 1956.

Jaya

Replies (1)

It means that any payment to directors shall also be included in his remuneration.however if such payment to director is made for any professional services rendered by such dir shall not b eincluded if central govt is of opinion that the dir possesses such professional qualification.

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