Alternate Director

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 October 2010 I have some questions. Please send me your answers.

1. Can a private limited company pay monthly/annual remuneration to an Alternate Director? If yes, is there any limit on this payment?

Thanks
Reggie

Ankur Garg

Ankur Garg (Expert)
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15 October 2010 Hi,

Strict provisions relating to remuneration are not applicable to a private company. So a private company is free to give any remuneration to its alternate dir subject to the provisions of articles.

Check ur articles.

Regards