Hi,
I want to know whether any relative of a director can be appointed as Chief Executive Director of a private company on a consolidated salary of Rs. 25,000. Please give me details regarding appointment and remuneration of a CEO.
From India, Delhi
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I want to know whether any relative of a director can be appointed as Chief Executive Director of a private company on a consolidated salary of Rs. 25,000. Please give me details regarding appointment and remuneration of a CEO.
From India, Delhi
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Why not? Being a relative of one of the Directors may not disqualify someone from becoming the MD or CEO of the company unless otherwise specified in the Articles of Association or resolved in a shareholders' meeting.
Regards,
Madhu.T.K
From India, Kannur
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4526Regards,
Madhu.T.K
From India, Kannur
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dear sir, please inform whether private company can be appoint directors directly and what will be benefits can be given for directors? awaiting reply
From India, Madras
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From India, Madras
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Kindly specify what kind of directors you are referring to. Is it the board of directors or the executive director? For the sake of designation, some SMEs appoint directors. In the case of the directors of the board, there will be only meeting fees (sitting fees) and the travel/stay expenses paid. In the case of whole-time or executive directors, there will be a regular structure like any other paid employee with additional benefits.
Hence, kindly explain what exactly you are looking for.
Kind regards,
Dayanand L. Guddin
From Singapore, Singapore
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Hence, kindly explain what exactly you are looking for.
Kind regards,
Dayanand L. Guddin
From Singapore, Singapore
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Director's Remuneration under the Companies Act,1956.docx
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