Hi
I want to know that whether a company can allot the shares to its director against their accumulated director's remuneration
Suchitra Agrawal (Credit Manager in ICICI Bank) (62 Points)
23 April 2013Hi
I want to know that whether a company can allot the shares to its director against their accumulated director's remuneration
Amit Kumar Verma
(CA Final CS Professional)
(501 Points)
Replied 23 April 2013
If you get any info, let me also know..
Ankit
(CA, CS)
(3064 Points)
Replied 24 May 2013
Suchitra,
I think you can since there is no specific bar to doing it. however, the perquisite value should not exceed the specified limits.
- Ankit
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