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Q & A

1650 Views 1 Ans

Can the Company bear the travelling expenses of the Independent Directors for attending the general meeting of the company. Please highlight the relevant provision for or against.

Independent Director

Posted By: Arun kumar 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


Expert    Ankit Singhi

Yes, as per the provision of section 197(7) company can bear the expenses of Independent director for attending the meeting of the company

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