Are the promoters, i.e., those mentioned in AoA/MoA, entitled to minimum wages? Or is it okay for them to withdraw no salary or a nominal salary from a legal/compliance point of view? Technically, they will be the 'employers' even if they are working in the office full-time to build/grow the business, right?
From India, Bengaluru
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Please carefully read the Preamble/Objective of Minimum Wages & other Wages related Legislations to experience the Noems Kritarth Team, Bluru Help Centre 1.3.2019
From India, Delhi
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