Salary to shareholder
megha (Student CA Final ) (23 Points)
17 May 2017
Can a company pay salary to shareholder holding 80% shares of Company?
5 Replies
priyanka chowdhary
(cwa)
(90 Points)
Replied 20 May 2017
I m not sure.. but yes if he provides service.. he Shud b paid
Sudhir Todkar
(CS Professional)
(1021 Points)
Replied 23 May 2017
Every Employee should get salary irrespective of membership in company. Right to receive salary is a statutory rights of employees.
ESOP/ESOS/SWEAT EQUITY SHARES : Will get Salary and shareholding option as well.
ESOP/ESOS/SWEAT EQUITY SHARES : Will get Salary and shareholding option as well.
Sudhir Todkar
(CS Professional)
(1021 Points)
Replied 23 May 2017
Every Employee should get salary irrespective of membership in company. Right to receive salary is a statutory rights of employees.
ESOP/ESOS/SWEAT EQUITY SHARES : Will get Salary and shareholding option as well.
ESOP/ESOS/SWEAT EQUITY SHARES : Will get Salary and shareholding option as well.
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