Easy Office
LCI Learning

Section 197 applies to private company?

This query is : Resolved 
Profile Image

Profile Image

(Querist)
17 January 2015 whether remuneration payable to directors of private limited company requires compliance with section 197 (3) and (4) of the Companies Act 2013?

Does this entire section 197 applies to private limited company?
Profile Image

CS Mitesh Mehta

Profile Image

CS Mitesh Mehta (Expert)
17 January 2015 No.

Section 197 of the Companies Act, 2013 prescribed the maximum
ceiling for payment of managerial remuneration by a public company

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links