https://www.taxtmi.com/acts?id=12650 Remuneration for directors must be set by the articles or by company resolution (special resolution if required); fees for board or committee attendance are permissible; whole time or managing directors may receive monthly payments, a specified percentage of net profits, or both subject to statutory aggregate limits and Central Government approval; non executive directors may be paid periodic sums or commission under special resolution within prescribed profit linked caps; net profits are computed under section 198; excess or unsanctioned payments must be refunded and held in trust for the company. en-us Fri, 13 May 2011 17:02:47 +0530 Fri, 13 May 2011 17:02:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12650 Remuneration for directors must be set by the articles or by company resolution (special resolution if required); fees for board or committee attendance are permissible; whole time or managing directors may receive monthly payments, a specified percentage of net profits, or both subject to statutory aggregate limits and Central Government approval; non executive directors may be paid periodic sums or commission under special resolution within prescribed profit linked caps; net profits are computed under section 198; excess or unsanctioned payments must be refunded and held in trust for the company. Act-Rules Companies Law Fri, 13 May 2011 17:02:47 +0530 https://www.taxtmi.com/acts?id=12650