SALARY OF DIRECTOR
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 March 2011
SIR IS LIMIT SPECIFIED U/S 198 AND 309 OF COMPANIES ACT FOR PAYMENT OF REMURATION TO DIRECTORS IS APPLICABLE TO A PRIVATE COMPANY?
24 March 2011
Limits on managerial remuneration is not applicable to private companies unless they are subsidiaries of public companies.
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