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MD remuneration

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(Querist)
19 September 2008 Dear Sir,
Please provide us
1. What are the procedures for the payment of remuneration of managing director in case of no profit or inadequacy of profit?
2. what are the Procedure for registration under Micro, Small & Medium enterprise.

Thanks & Regards,

Chetan
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
20 September 2008 1. Please refer to sectio 309 and sch XIII of the companies Act.
2. Refer to MSMED Act.

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