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Clarification on Company's Director Reimbursement and Role?, Corporate Laws / SEBI / LLP

Issue Id: - 116674
Dated: 28-8-2020
By:- Mantosh Singh
Clarification on Company's Director Reimbursement and Role?

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Hi Community Members,

Can you please guide me with the below-mentioned questions?


1. How many directors may get reimbursement from the Company?

2. Do the Director need to submit proof and how?

3. Director of the company can also work as an employee and get salary?

4. What kind of reimbursement is allowed for Directors?


Thanks in Advance for your help.

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Showing Replies 1 to 2 of 2 Records

1 Dated: 31-8-2020
By:- YAGAY andSUN

Please refer to Chapter – XI – Appointment and Qualification of Director (Section 149 to 172); Chapter – XII – Meeting of Board and its powers (Section 173 to 195) and Chapter - XIII - Appointment and Remuneration of Managerial Personnel (Section 196 to 205) of CA 2013 in this regard.


2 Dated: 20-9-2020
By:- Mantosh Singh

Hi Team, I do not have that much knowledge in accounting. Can you please give me answers of above questions - it would really help me a lot.


1

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