
Why is sitting fees paid?
Could you please elaborate on the concept of "sitting fees" and why they are typically paid? Are these fees associated with specific industries or professions? Are they meant to compensate for the time and expertise of individuals who participate in meetings, hearings, or other gatherings? Additionally, are there any regulations or standards that govern the payment of sitting fees, or do they vary widely based on the context and participants involved? Understanding the rationale behind these fees can help provide clarity and context for those who may be unfamiliar with the practice.
