15 April 2011
Remuneration of director does not depend on nature of company where as it depends up on the book profit and number of director in any company . In no cases maximum remuneration should exceeds 11% of book profit. You just provide information about number of director than we will be able to give you correct picture . Thanks
18 April 2011
Please refer of Sections 198, 269, 309, 310 and Schedule XIII of the Companies Act,1956 for provisions realting to appointment and remuneration of Directors.
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