Heal Ltd. owns a chain of hospitals in Mumbai. Dr. Aman, a practising surgeon, has been appointed by the company as its non-executive ordinary director and wants to pay him fees on case-to-case basis for surgeries perfor
CS Executive · Company Law · PYQS · December 2014
Heal Ltd. owns a chain of hospitals in Mumbai. Dr. Aman, a practising surgeon, has been appointed by the company as its non-executive ordinary director and wants to pay him fees on case-to-case basis for surgeries performed by him on patients at hospital. Advise the company, whether payment of such fees to him would amount to payment of managerial remuneration to a director under the Companies Act, 2013.
Topics: Directors
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