SALARY OF DIRECTOR

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Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2011 SIR IS LIMIT SPECIFIED U/S 198 AND 309 OF COMPANIES ACT FOR PAYMENT OF REMURATION TO DIRECTORS IS APPLICABLE TO A PRIVATE COMPANY?

Jayashree S Iyer (Expert)
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24 March 2011 Limits on managerial remuneration is not applicable to private companies unless they are subsidiaries of public companies.

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