nikhil garg (student) (55 Points)
23 June 2016
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 23 June 2016
There is no specific requirement in the Act or Rules for this. However, as a part of good corporate governance it would be advisable to disclose increase in the Directors' Report. There is no need to mention anything in case there is no change.
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