Arijit (Student - CMA Final) (210 Points)
20 November 2012Hi,
Suppose Mr. A is a Director in a Company. Due to his inability to attend the Board Meeting, Mr. B is appointed as Alternate Director to Mr. A. Now Mr. B attends a Board Meeting as alternate director to Mr. A. Is Mr. B entitled to a cheque for sitting fees or Mr. A (who is the original director) entitled to the sitting fees?? Please answer my query.
Regards
Arijit
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 20 November 2012
Dear Arjit,
Is Mr. B entitled to a cheque for sitting fees or Mr. A (who is the original director)
entitled to the sitting fees??
Answer: Mr. B is entitled for sitting fee, since he has attend the meeting.
all the best
Regards,
RAJESH CHOUDHARY
CS Samiksha
(Company Secretary)
(85 Points)
Replied 20 November 2012
Arijit,
Mr. B will be entiled for sitting fees.
Regards,
CS Samiksha Kansara
PRATEEK MANOCHA
(CA FINAL Result Awaited)
(43 Points)
Replied 20 November 2012
Mr. B is entitled for the sitting fees. the siitting fees is paid to director who attended the meeting
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