section 309(1)(b)

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sr.executive
111 Points Posted on 28 July 2010

Hi,

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

Jaya

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On 28 July 2010 at 11:50 Report
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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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On 02 August 2010 at 17:45

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