Fixing Sitting Fees of Directors

All companies. The Board may fix the sitting fees payable to Directors for attending meetings of the Board and its Committees, subject to a maximum of Rs. 1,00,000 per meeting.

Adding or removing a director should take minutes, not weeks of legal back-and-forth. Section 197(5) governs exactly how this plays out. What that means day to day: sitting fee fixed by the Board, within the ₹1 lakh per-meeting statutory ceiling. Three minutes, zero second-guessing — that's the whole point of Fi CTC Generator.