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Procedure if director want to get remuneration more than its

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 March 2012 sir, i want to know that there is a public company and its director wants more remuneration then limit decide by companies act 1956. i want to know the procedure and forms to be filled for it...
thank u!!!!!!

03 April 2012 You Need to comply with schedule XIII and increase the salary accordingly..

03 April 2012 jUst form 23 is to be filed...

however, is the approval from the central government is required in that case form 23A is also to be filed...


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