Directors Remunaration

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Rajesh

Rajesh (Querist)
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18 August 2009 What is the maximum and minimum amount of remunaration payable to a director as per Companies Act ?

Manoj

Manoj (Expert)
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18 August 2009 There is no limit.

Ankur Garg

Ankur Garg (Expert)
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18 August 2009 Disagree with Manoj.

For a private company there is no limit regarding Managerial remuneration.

But a public company is governed by strict Managerial remuneration provisions.

Read Section 198, 309, 310 and 311 read with Schedule XIII of the companies act, 1956.

Regards

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Ankur Garg

Ankur Garg (Expert)
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18 August 2009 Let me know your e mail id through PM. I'll send you some notes on Managerial remuneration.

Regards