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Jayanta Bandyopadhyay   30 May 2024

Unlisted public ltd co-director salary

In a family owned Business. -- unlisted public limited company. All directors are drawing salary as well as profit. How to pass resolution,  as all are related parties.


 2 Replies

T. Kalaiselvan, Advocate (Advocate)     31 May 2024

This can be decided in a board of directors meeting by passing a resolution to this effect considering the guidelines of the articles of association.

Dr. J C Vashista (Advocate )     31 May 2024

Decide amicably and pass necessary resolution.

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