Directors Remunaration

This query is : Resolved 

18 August 2009 What is the maximum and minimum amount of remunaration payable to a director as per Companies Act ?

18 August 2009 There is no limit.

18 August 2009 Disagree with Manoj.


For a private company there is no limit regarding Managerial remuneration.

But a public company is governed by strict Managerial remuneration provisions.

Read Section 198, 309, 310 and 311 read with Schedule XIII of the companies act, 1956.

Regards


18 August 2009 Let me know your e mail id through PM. I'll send you some notes on Managerial remuneration.

Regards



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