co.act

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abhishek agarwal (Querist)
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11 June 2016 wt rule7 appointment and renumeration of personnel, about listed and subsidiaries of listed companies. ...whether they have to take CG approval or wt?

CA Amrita Chattopadhyay

CA Amrita Chattopadhyay (Expert)
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13 June 2016 If the remuneration of the Directors are within the prescribed limit as mentioned in the Schedule V (Read with S.198) of Companies Act, 2013, approval of Central Govt is not required. Else it is required

abhishek agarwal

abhishek agarwal (Querist)
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14 June 2016 wt listed co. and subsidiary of listed companies exempt for CG approval?

abhishek agarwal

abhishek agarwal (Querist)
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14 June 2016 thnx for ur valuable time

abhishek agarwal

abhishek agarwal (Querist)
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14 June 2016 Alternate and additional director in total director or non rotational director?

CA Amrita Chattopadhyay

CA Amrita Chattopadhyay (Expert)
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14 June 2016 The term "Director" means any person who is appointed to the Board of a Company. For the purpose of payment of remuneration, the term used in S.197 of the Companies Act, is director or manager. The term manager means a person who is controlled and directed by the Board of Director. However, the amount does not include the sitting fees and the reimbursement of expenses. The amount of fees which can be paid is stated in Rule 7 of Companies (Appointment and Remuneration) Rules, 2014. Listed company and its subsidiary is subjected to approval of Central Government.

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abhishek agarwal

abhishek agarwal (Querist)
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14 June 2016 I am asking for purpose of 152 (6)

CA Amrita Chattopadhyay

CA Amrita Chattopadhyay (Expert)
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14 June 2016 S.152 (6) regarding rotation of directors is guided by the Articles of the Company

abhishek agarwal

abhishek agarwal (Querist)
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14 June 2016 where it is written. ...

abhishek agarwal

abhishek agarwal (Querist)
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