Sitiing fees
This query is : Resolved
01 October 2009
Is sitting fees required to be paid again to the Directors at an adjourned or postponed meeting, if my articles are silent on this aspect?
Guest
Guest
(Expert)
03 October 2009
no
03 October 2009
YES.
My answer is based on the interpretation of section 309(2) read with DCA clarification w.r.t. sitting fee.
If you go by the very nature and purpose of sitting fee then very much required to be paid again.
Regards
My answer is based on the interpretation of section 309(2) read with DCA clarification w.r.t. sitting fee.
If you go by the very nature and purpose of sitting fee then very much required to be paid again.
Regards
05 October 2009
I think Need not to pay again for adjourned metting, however travelling exepnses shall be
05 October 2009
Thanks to all
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