Question

Director remuneration is calculated on basis of

Answer 1

Answer:

Section 309 provides that remuneration payable to directors shall be determined either by the articles of the company or by a resolution of the company in general meeting. The resolution may be ordinary or special, as the articles may require.

Explanation:

What is directors' remuneration? Directors' remuneration is the way that directors of a company are compensated, either through fees, salary, or through other benefits with approval from the company's shareholders, the board of directors, and in some circumstances, designated committees.

Answer 2

Answer:

determined either by the articles of the company or by a resolution of the company in general meeting. The resolution may be ordinary or special, as the articles may require.

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