Can office rent be paid to a director of a pvt. ltd. co.?

RITU BAJAJ (COMPANY SECRETARY) (158 Points)

06 April 2010  

Plz advice me whether office rent can be paid to a director of a pvt. ltd. company? If yes, which section gets attracted? Does any approval from shareholders is required or just an agreement between the director and company will do? Plz answer my query. Its urgent.