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Companies Law - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

Payment of managerial remuneration in excess of prescribed ...


Companies Act Update: Central Government approval no longer needed for excess managerial pay with special resolution u/s 197.

January 20, 2018

Act Rules     Companies Law

Payment of managerial remuneration in excess of prescribed limits - requirement of obtaining approval of Central Government done away with, subject to special resolution and other conditions - Section 197 the Companies Act, 2013

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