Dear all,
Kindly let me know is there any procedural formalities to be comply with before incresing MD remunaration in case of Private Ltd. Co. ?
Can any body provide sample resolution for raising salary of MD .?
Is it possible to raise salary first and then regularise matter through resolution or notifying the change ??
Can we change the salary for other directors also without complying any formalities & just by passing resolution to that effect. Specifically in case of Pvt. Ltd. Co.
Regards,
Gargi
CAclubindia
