Commission to Director
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 July 2010
can private limited company pay commission to director
12 July 2010
Yes there is no bar in the Companies Act on payment of Commision by a Private Limited Company to its Director.
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Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2010
section ?
12 July 2010
section 309 of the companies Act governing the remuneration to director does not apply to Private Limited Company.
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