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Director's remuneration

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(Querist)
13 December 2012 pls tell me the maximum limit of whole time director of a pvt. ltd company
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Ajay Mishra

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Ajay Mishra (Expert)
13 December 2012 Hi

For private limited company, no maximum limit.

You are free to pay remuneration of any limit because the provisions of remuneration of director of the Companies Act, 1956 is not applicable to private limited company.

You check your company's articles what it says on this.
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@VaibhavJ

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@VaibhavJ (Expert)
13 December 2012 Agreed with Ajay Ji.

There is no restrictions as such.
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jitesh

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jitesh (Querist)
13 December 2012 thank you sir
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jitesh

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jitesh (Querist)
13 December 2012 pls tell me brief knowledge about director current a/c. n how to audit this.

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