Are the promoters i.e. those mentioned in AoA/MoA entitled for minimum wages? Or is it okay for them to withdraw no salary or a nominal salary from legal/compliance point of view?
Because techinically they will be the 'employers' even if they are working in the office full-time to build/grow the business, right?

From India, Bengaluru
Kritarth Consulting
Posh Programs; Hr Management Consultants

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Kritarth Consulting

Please carefully read the Preamble/Objective of Minimum Wages & other Wages related Legislations to experience the Noems Kritarth Team, Bluru Help Centre 1.3.2019
From India, Delhi

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