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Director remuneration

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(Querist)
19 October 2011 Dear,
I have one query about director remuneration payments.Can Non Executive Director be paid commission out of quarterly Net profits?
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CA Navin Jain

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CA Navin Jain (Expert)
19 October 2011 yes
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
19 October 2011 commission can be paid to Non Executive Director. for this, special regulation should be pass.
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Yash Patidar

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Yash Patidar (Querist)
20 October 2011 Is it quarterly profit or yearly ?
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CA Navin Jain

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CA Navin Jain (Expert)
20 October 2011 ITS BASED ON THE COMPANY POLICIES
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
20 October 2011 may be quarterly Net profits or may be yearly profits.

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