| Discussions Forum | ||
Home  Forum Corporate Laws / SEBI / LLP This
|
||
| A Public Forum. Anyone can participate to share knowledge. |
||
|---|---|---|
| We acknowledge the contributions of Experts/ Authors. | ||
Submit new Issue / Query |
||
Managerial remuneration, Corporate Laws / SEBI / LLP |
||
|
||
Managerial remuneration |
||
Is there any restriction under Company Law for managerial remuneration of closely held public limited company Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
the restiction for mangerial remuneration is specified in sec 309 and sec XIII of the companies Act. Broadly it is 11% profits , in it 5% to one individual having fultime appointment and 1 % for non wholetime appointment. In case of insufficient profit as per SCH XIII Page: 1 Old Query - New Comments are closed. |
||
