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State of Odisha - Section

Section 41 in Orissa State Financial Corporation General Regulations, 1957

41. Fee for Directors' Meetings.

(1)Each Director (other than the Managing Director and an employee of any Government, the Reserve Bank of India) shall receive a fee of Rs.100/- for each meeting of the Board and fee for Rs. 80/- for each meeting of the Executive Committee attended by him.
(2)In addition, each Director attending a meeting of the Board or of the Executive Committee shall be reimbursed his travelling and halting expenses, if any, on such scale as may be fixed by the Board from time to time.