managerial remuneration

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jagan sai (Querist)
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25 May 2011 urgent ::the limit of 11% is stand alone basis or on consolidated profits? i.e., including subsidiaries and all??

please clarify my doubt..its urgent

Aditya Maheshwari

Aditya Maheshwari (Expert)
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25 May 2011 stand alone basis

jagan sai

jagan sai (Querist)
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25 May 2011 thanq so much
can you give me any reference??

Aditya Maheshwari

Aditya Maheshwari (Expert)
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25 May 2011 Common sense as directors of subsidiary company will also will be drawing remuneration and so company waise limit should be taken into account.

jagan sai

jagan sai (Querist)
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25 May 2011 Thanq.............