Sitting fees

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MR. B

MR. B (Querist)
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19 July 2014 WHAT DO U MEAN BY SETTING FEES AND Y IT GIVEN .

Nikhil Kaushik

Nikhil Kaushik (Expert)
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19 July 2014 sitting fees is given to directors for attending the board meetings. it is given as a compensation for the time spent by them for such meetings.

MR. B

MR. B (Querist)
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19 July 2014 CAN U TELL ME,
FOR WHAT PURPOSE DIRECTOR IS APPOINTED

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Nikhil Kaushik

Nikhil Kaushik (Expert)
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19 July 2014 to run the company. for the functions of a director, please read the companies act 2013

MR. B

MR. B (Querist)
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19 July 2014 DIRECTOR APPOINTED FOR RUN THE COMPANY AND THAT IS Y THEY REQUIRE TO TAKE CERTAIN DECISION SO METING IS CONDUCTED THEN Y EXTRA MONEY PAID TO THEM THOUGH THEY RECEIVE REMUNERATION FOR RUN THE COMPANY