Increase in md remuneration


30 August 2012 Dear Experts,

For the past 2 days, I have been confused over the following issue which I humbly submit for your consideration.

In case of only increase in remuneration of MD of a Public Ltd Company, whether the company has to file e-form 25C ?

Please clarify me upon this issue.

31 August 2012 Hi


No need to file Form-25C, it is return of appointment.


In case, where remuneration increase require government approval then Form-25A will be filed to CG.


In both case Form-23 is required to be filed with in 30 days from the date of passing of resolution of increase in remuneration.

31 August 2012 Thank you Mr.Ajay Mishra.

Thats what I felt too. The purpose of the form is clear as to the return of appointment of managing director/ whole time director/ manager.

But there seems to be too much confusion on the issue even on this forum.

I would like to keep the status of this query as open as to invite more comments from all respected experts

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01 September 2012 DEAR AVINASH,

ONLY FORM 23 IS FILED IN THIS CASE.

REGARDS

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01 September 2012 Agree with Ajay Mishra ji completely.

03 September 2012 Thank you experts


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