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Remuneration to director

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 December 2011 Dear All,

We are a Pvt. Ltd. company, having turnover of approx. 30 Cr. can we pay total remuneration to all the directors of company of Rs. 1 cr.
Is there any cap. on remuneration to director of PVT. LTD. CO.
Pls provide guidance .

Thanks:
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CA Navin Jain

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CA Navin Jain (Expert)
01 December 2011 there is not any restriction on remuneration paid to director by pvt ltd company.

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