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Directors salary

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(Querist)
26 December 2014 What is the maximum salary that can be claimed by a private company Director.? Is there any limit.?
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Rupesh Jain

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Rupesh Jain (Expert)
26 December 2014 there is no limit for that pls see the article of company if any limit specified in it.
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CA NAVEEN SINGLA

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CA NAVEEN SINGLA (Expert)
26 December 2014 As per Co. Act 1956 the maximum Remuneration was 11% of the Net Profit

As per Co. Act 2013 them no limit for Director remuneration
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