Basis for determination of director’s remuneration ‑ Remuneration for professional services.

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..... ctor s remuneration ‑ Remuneration for professional services. The expression of opinion by the Central Government under the proviso to section 309(1) is required for rendering services by any director, which are of a professional nature. The said proviso is also applicable for practice of the profession as an advocate, as per express provisions made thereunder. The company in which .....

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