No remuneration to directors and wtd

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VYOM AGARWAL (Querist)
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01 February 2016 Is it possible that a private company gives no remuneration for a period of three months to its Director and WTD. Do we need to file any kind of form to ROC? Kindly reply, its urgent

CS Divesh Goyal

CS Divesh Goyal (Expert)
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02 February 2016 Mr. Vyom,

Company have to pay remuneration to WTD and Director as per their Appointment letter.
If Company is not paying remuneration because of any reason it is mutual understanding B/w Company and Director. No need to file any thing with ROC for this.