Director Rights

I think the directors of a company can get share from the profit only.  Once again I go through the sections of the Act and I inform you.

KAMARAJ BHARATHY G

Thank you for your advice.But my question is,can a director of Pvt Ltd company work in other company as salaried employee.Is it legal??

I belive in any Private Limited ,  the Promoter will be eligable for salaries 

hope you will get the right piture form the known sources

Shivakumar

Dear Mr. Raj,

your question was not clear. if you wish to draw remuneration from a Pvt. Co in which you are a director you can do so with approval of the board. there are no restrictions. only check that you are not related to any other director (Section 314 of Co's act ). 

if you wish to draw salary from a public ltd co then you need to check up the limits available to you depending upon the net profits of the Company.

thanks regards

Bijay Kumar

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