Easy Office

Increase in managerial remuneration

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 May 2017 Dear Members,
Please let me know whether the resolution of Board of Directors to increase the total managerial remuneration (in excess of 11 % of the Net profit) payable to all directors can be passed by circulation or it is mandatory to pass it at a Board Meeting?
Please suggest.
Profile Image

CS Mitesh Mehta

Profile Image

CS Mitesh Mehta (Expert)
24 May 2017 it can be passed by circulation
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 May 2017 Thanks a lot sir for your reply.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links