Director remuneration in private company
This query is : Resolved
08 March 2015
What is the celling of Director remuneration in Private Company as per Companies Act, 2013 ?
09 March 2015
Section 197 of the Companies Act, 2013 prescribed the maximum ceiling for payment of managerial remuneration by a public company.
It is not applicable to private company.
However, Articles of association of the company need to be checked for relevant provisions (if any) relating to director remuneration
It is not applicable to private company.
However, Articles of association of the company need to be checked for relevant provisions (if any) relating to director remuneration
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