MD remuneration
This query is : Resolved
19 September 2008
Dear Members,
Please let me know the procedure should be followed to pay the remuneration when the Private Company has not sufficient profit or inadeqate profit.
What should be the case when it is Limited Company.
Regards,
Please let me know the procedure should be followed to pay the remuneration when the Private Company has not sufficient profit or inadeqate profit.
What should be the case when it is Limited Company.
Regards,
19 September 2008
pls. refer the provisions of Sec. 349 and 350 of companies act
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