Interest on advances/guarantee commission paid to directors Whether the same are to be included in remuneration of directors for purposes of the section

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....determination of director's remuneration ‑ Interest on advances/guarantee commission paid to directors ‑ Whether the same are to be included in remuneration of directors for purposes of the section Query : Section 309 provides, inter alia, that the remuneration payable to the directors of a company as determined by sub‑section (1) of section 309 shall be inclusive of the remun....