can the sitting fees of a director can be raised above 1lac.
if so please guide me how to do the same.
1 Replies
CS Smreti
(cs)
(641 Points)
Replied 05 February 2018
Section 197(5) specifically states sitting fees can not be more than what is prescribed. N rule 4 of chapter 13 prescribes 1 lac per meeting.
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