CA rohit swami (CHARTERED ACCOUNTANT) (262 Points)
08 May 2013PLZ TELL ME PROCEDURE REGARD OF PVT. CO. THAT WHAT IS PROCEDURE TO INCREASE DIRECTOR REMUNERATION .IS THERE ANY EXTRA ORDINARY MEETING OF MEMBER IS NESSESORY? OR DIRECTOR MEETING IS SUFFICIENT?........
CS MOHIT SALUJA
(PRACTICING CS Jalandhar 9914558709)
(5155 Points)
Replied 08 May 2013
The remuneration of directors in case of private limited company can be increased just by passing of board resolution and further no need to file any document with the ROC.
VIKAS.A
(SOMETHING IS BETTER THAN NOTHING)
(1095 Points)
Replied 08 May 2013
Board meeting is quite suffficient in case of pvt.ltd company,
and u are requred file form23 a resolution of BOD regarding as such.
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 08 May 2013
Agree with learned members above. However there is no need to file form 23.
Thanks
CAclubindia
