Remuneration defination as per section 198 of companies act,

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Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2011 Good Morning everybody,

As we are going to file Application to MCA [Central Government] (Form No.25A) for approval of increase in remuneration to whole-time dirctors. Please let me know the Defination of "Remuneration" as per Section 198 of Companies. Act.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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05 August 2011 Explanation to sub-section 4 of Section 198 makes a reference to the meaning of remuneration for the purpose of operation of Sections 198.

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