Director remuneration

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 February 2015 Dear all expert,
plz let me know in pvt. ltd. co. how much remuneration can be paid to director,also to executive director & managing director.....

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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10 February 2015 Section 197 of the Companies Act, 2013 prescribed the maximum ceiling for payment of managerial remuneration by a public company. The remuneration to directors of private company can be paid as per provision prescribed in Articles of Association.