Question

Net Profit as per Sec 197 for Managerial remuneration is ₹ 6, 50, 000. The Company has two whole-time

Directors and one part time Director. In the absence of any agreement, what is the remuneration payable

to the whole time Directors and the part time Director respectively?​

Answer 1

Answer:

Net Profit as per Sec 197 for Managerial remuneration is ₹ 6, 50, 000. The Company has two whole-time

Directors and one part time Director. In the absence of any agreement, what is the remuneration payable

to the whole time Directors and the part time Director respectively?