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Remuneration to directors

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(Querist)
17 January 2013 Can a private company give cash to its directors as advance remuneration?
(more than 20000 during the year)
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Ajay Mishra

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Ajay Mishra (Expert)
17 January 2013 Hi


Yes, then can give advance remuneration, no restrictions under the Companies Act, 1956.
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anurag

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anurag (Expert)
17 January 2013 Yes, can be given.
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