Remuneration to directors

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 April 2013 CAN 50% OF NET PROFIT BE PAID AS REMUNERATION TO MANAGING DIRECTOR OF A PRIVATE LIMITED COMPANY.

CS Ankur Srivastava (Expert)
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08 April 2013 In case of private company the payment of remuneration depends upon the articles and board resolution only.

CS Ankur Srivastava (Expert)
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08 April 2013 Subject to the Board Resolution and Articles, you may pay to the Md.

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