Board report disclosure of a pvt Ltd company

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Is rule 5(2) and 5(3) of
companies appointment and remuneration is applicable to pvt Ltd companies. Is disclosure in board report required in a pvt Ltd company ?
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https://www.caclubindia.com/articles/disclosure-of-remuneration-in-board-report-29159.asp. 

Please refer this link. Might be useful.


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