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Directors remuneration

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(Querist)
18 August 2012 can a executive director(other then MD/WTD) get monthly remuneration from two or more than two company.
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Ajay Mishra

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Ajay Mishra (Expert)
18 August 2012 Hi

Yes, their is no restriction on getting remuneration from two companies.
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SANYAM ARORA

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SANYAM ARORA (Expert)
18 August 2012 Yes he can there are no such restrictions
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
19 August 2012 Yes sir, there is no restriction as long as he accounts the same and pays proper income tax to the govt.
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NIRMAL KUMAR RENIWAL

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NIRMAL KUMAR RENIWAL (Querist)
20 August 2012 is there any restrictions for holding directorship in companies where director is executive director and whole time employee of company.
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
21 August 2012 Yes one can be a whole time director in a Company 'as employee' and also an independent director in another company.

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