Sir,
Does board resolution needed for yearly increase in directors/ Managing director remuneration and also is there any specific limit of increment in a year..
Kindly reply....thanks in advance...to all.
2 Replies
Mohammad Asif
(chartered accountant)
(191 Points)
Replied 10 June 2013
Whether company is public company or private company.
Dev K Sharma
(Learning Thru Experience)
(157 Points)
Replied 11 June 2013
Its a Private Limited Company with 1 Managing Director and 2 directors.
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