If a Whole Time Director of a public company decides not to take any remuneration from the company and is willing to continue his services , what would be the effect of the same??
Kanika Gupta (C.S Trainee) (100 Points)
24 March 2011If a Whole Time Director of a public company decides not to take any remuneration from the company and is willing to continue his services , what would be the effect of the same??
Jayashree S Iyer
(Company Secretary)
(3224 Points)
Replied 24 March 2011
A whole time director can provide honarary services. There is no prohibition according to me.
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