Decrease the remuneration to managing director
This query is : Resolved
Naga Durga Rao
(Querist)
14 June 2016
hi,
if the remuneration of Managing Director is decreased or reduced in the board meeting, requires to file e-form MGT-14 with ROC under section 117 (3) (c) of the Companies Act, 2013.
if the remuneration of Managing Director is decreased or reduced in the board meeting, requires to file e-form MGT-14 with ROC under section 117 (3) (c) of the Companies Act, 2013.
14 June 2016
Yes , on the basis of "......variation of terms of appointment of a Managing Director."
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