Managerial remuneration

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....anagerial remuneration<br> Query (Issue) Started By: - BHOJARAJ SHETTY Dated:- 13-8-2008 Last Reply Date:- 19-8-2008 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>Is there any restric....

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....tion under Company Law for managerial remuneration of closely held public limited company Reply By Prakash Bhandari: The Reply: the restiction for mangerial remuneration is specified in sec 309 and ....

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....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<b....

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