07 July 2014
Hii experts... CAN ANY ONE PROVIDE ME INFORMATION REGARD MAXIMUM DIRECTOR REMUNERTION LIMIT IN PVT. LIMITED COMPANY , HOW MUCH MAXIMUM REMUNERTION CAN PVT. COMPANY PAY TO DIRECTORS UNDER NEW COMPANIES ACT 2013 (ONLY FOR PVT. CO)
07 July 2014
Kindly appreciate strict provisions related to Director remuneration are not applicable on a private company. Further please check section 197.
Section 197 related to Director Remuneration is applicable only on public company. So in a private company you are free to fix any remuneration as per industry standard. Also check the provisions of your Articles in this regard.
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