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Remuneration defination as per section 198 of companies act,

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Querist : Anonymous

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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.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
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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