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Directors sitting fees

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20 November 2012 Hi,

Suppose Mr. A is a Director in a Company. Due to his inability to attend the Board Meeting, Mr. B is appointed as Alternate Director to Mr. A.

Now Mr. B attends a Board Meeting as alternate director to Mr. A.

Is Mr. B entitled to a cheque for sitting fees or Mr. A (who is the original director) entitled to the sitting fees??

Please answer my query.

Regards
Arijit

20 November 2012 Hi

Mr. B will be entitled to take sitting fee and reimbursement of all expenses made for attending the Board Meeting.

21 November 2012 Sitting fee shall be given to the Alternate Director.




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