Commission to Director

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Querist : Anonymous

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10 July 2010 can private limited company pay commission to director

Sunil Kr. Sanganeria (Expert)
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12 July 2010 Yes there is no bar in the Companies Act on payment of Commision by a Private Limited Company to its Director.

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Querist : Anonymous

Querist : Anonymous (Querist)

12 July 2010 section ?

Sunil Kr. Sanganeria (Expert)
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12 July 2010 section 309 of the companies Act governing the remuneration to director does not apply to Private Limited Company.

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