Amendment to Schedule V of the Companies Act., 2013

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..... ral Government hereby makes the following amendments to Schedule V of the said Act , namely:- 2. In Schedule V of the Companies Act, 2013 , in PART II, under the heading REMUNERATION .- (a) in Section I, in the first para, after the words managerial person or persons , the words or other director or directors shall be inserted; (b) in Section II,-- (i) after the words manage .....

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..... s (iii) 100 crores and above but less than 250 crores. 120 lakhs 24 Lakhs (iv) 250 crores and above. 120 lakhs plus 0.01% of the effective capital in excess of ₹ 250 crores: 24 Lakhs plus 0.01% of the effective capital in excess of ₹ 250 crores: .....

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