645+ Lawyers are online 
Resigned from WTD position can I claim additional salary
05-Mar-2023 (In Corporate Law)
I was appointed as the ‘Whole Time Director’ in addition to my existing appointment as CEO. Copy of the resolution confirming my appointment as ‘Whole Time Director’ for a period of 5 years and with monthly remuneration was given to me. I submitted resignation from DIRECTOR after six months. Thereafter I have also tendered my resignation as CEO Am I elligible for claiming additional remuneration for Directorship in addition to my salary as CEO. Is it a suitable case for filing for recovery of the remuneration committed to me for the services as Whole Time Director.
Dear Sir/Ma'am, the eligibility of additional remuneration for directorship in addition to your salary as a CEO is unlikely and it totally depends on the resolution passed by the Board. If such a benefit is written in the resolution either directly or indirectly, then it is advisable to move forward with legal action.
66+
Adv. Siddhant Sharma
Delhi | 200+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
