Director commission approval limited to companies without a managing director where directors perform specific duties and may receive regulatory sanction. Commission to directors is treated differently depending on management structure: when a company has a managing/whole time director the Department is not in favour of permitting commission to ordinary directors; by contrast, where no managing/whole time director exists and specific duties have been entrusted to directors, the Department permits commission at 1 per cent subject to a ceiling of Rs. 10,000 per annum.