Sitting fees to ceo

SHRIRAM PRASAD (MANAGER COMPLIANCE) (111 Points)

13 June 2014  

Dear Experts,

Can a CEO be elegibe for Sitting fee for board meeting even though he is not a director of the company. And he is only employee of the company. ? Kindly clarifiy ? Is there any way we can pay him sitting fees if he cant be on board.

 

Thanks and Regards,
B.Shriram Prasad 
Manager compliance