Managerial remuneration according to schedule V

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VIKRAMADITYA SINGH (Querist)
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30 June 2016 The limits given in schedule V of companies act 2013 for Mangerial remuneration, it say's about a single manager/director or all Managers/directors as a whole. As act says ."A mangerial remuneration " I am confused it says the total limit of mangerial remuneration or limit of a single manager .

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Jatin Bajaj

Jatin Bajaj (Expert)
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30 June 2016 According to section 197, read with schedule 5 , the managerial remunerations means agregate of all managerial remuneration payable to all directors of the company including managing director, whole time director, independent director netc.

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VIKRAMADITYA SINGH

VIKRAMADITYA SINGH (Querist)
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30 June 2016 Thank u sir

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