Directors remuneration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2011
Dear All,
A private company appoints its CFO as director of comapany. Is it mandatory to diclosed his remuneration in Board resolution.? Kindly also mention the relevant section
A private company appoints its CFO as director of comapany. Is it mandatory to diclosed his remuneration in Board resolution.? Kindly also mention the relevant section
23 August 2011
Provision relating to remuneration are not applicable to a private company.
Hence there is no need to show the remuneration details in the BR appointing him as director.
Regards
Hence there is no need to show the remuneration details in the BR appointing him as director.
Regards
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