CAF-4 · Chapter 18 · Question 8 of 9
Under the Companies Act, 2017, how is the remuneration for a director for attending board meetings or performing extra services determined?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) By the directors themselves or the company in a general meeting, in accordance with the articles.
Explanation
The remuneration of a director for attending meetings or performing extra services is determined by the directors or the company in a general meeting, strictly in accordance with the provisions of the articles.
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