Remuneration committe
This query is : Resolved
12 September 2013
Please tell me what are the terms of Reference of remuneration committe of unlisted public company.
Is it mention in any law or Act?
Is it mention in any law or Act?
12 September 2013
Terms of reference are not given in law for remuneration committee of unlisted public company. Basically remuneration committee is to recommend remuneration in accordance with the provisions of schedule XIII. So according to me you can go ahead without formal terms of reference of remuneration committee.
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