Remuneration to non executive directors
This query is : Resolved
21 July 2017
Can a pvt ltd company pay monthly remuneration( other than sitting fee) to its ordinary directors when the company is in losses?
23 July 2017
as far as non-executive directors are concerned, you cannot pay them salary until their designation is not changed. in the case of pvt company sch. III is applicable depending upon paid up capital
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