1. Can remuneration be paid to directors in board meeting in a private Limited Company. (directors are not Md/Manager)
4 Replies
bhavik mehta
(C.A.)
(526 Points)
Replied 30 November 2011
ya if any provision in article of assosiation then remuneration can be paid to directors of private company.
Charu Srivastava
(Company Secretary)
(4210 Points)
Replied 30 November 2011
if its articles do not prohibits so.
GULRAJ AILANI
(CA)
(234 Points)
Replied 30 November 2011
The provision for payment of remuneration to Managing Director,whole Time director and sitting fees for board meeting to non executive director applys only to public companys only. Hence in private company we can pay Director remuneration to non executive director also.
srinivass
(CA Final)
(2466 Points)
Replied 01 December 2011
| Originally posted by : Charu Srivastava | ||
 |
if its articles do not prohibits so. |
 |
Agree with Charu Srivastava
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