Directors remuneration

AS 385 views 1 replies

In Private Limited Company, if Directors are not shareholders of the company (Directors & Shareholders are diffrent), is it valid if we dont pay any remuneration to those directors through out the year (year 2012-13) and pay fix % of net profit as dividend/ incentive later on?

Replies (1)

Dear madam,

                                          for private limited company, it depends upon articles of association.


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