banner_ad

Managerial remuneration limit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 January 2012 one of my client has inadequate profits that is the salary paid to directors during the year is above 10% of the limit. Can any body provide me the latest per month limit for each managerial person for unlisted public company and its notification number etc.
Profile Image

CS Bijoy

Profile Image

CS Bijoy (Expert)
06 January 2012 Follow the schedule XIII of sec 309 of the companies act 1956 or it cannot exceed more than 10 % in case of more than one director of the income of that year.
Profile Image

CS Bijoy

Profile Image

CS Bijoy (Expert)
06 January 2012 Follow the schedule XIII of sec 309 of the companies act 1956 or it cannot exceed more than 10 % in case of more than one director of the income of that year.
Profile Image

Nitin Mittal

Profile Image

Nitin Mittal (Querist)
16 January 2012 Noted!! Thanks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details