Does the Companies Act regulate payment of remuneration and perks to CEO? If so, how?
Thanks
Menu
CEO Remuneration
Replies (4)
yes
No restrictions. Schedule XIII is applicable only for managerial remuneration(Managing Director or Manager).
Yes ,every Public company has to fulfill conditions of section 198
and 309 of the companies Act 1956, while making REMUNERATION to
MD/CEO.......what ever name called.............
Its not applicable to Private comapny...As per Notification No GSR 235 dated 31.01.1978
First of all you have to define CEO to see whether such a position attracts the provisions of Companies Act 1956. There is no CEO definition as per that Act
Recent Threads
- GST rate on delivery charges
- Gratuity on resignation
- ITR-3 and ITR-4 Options Missing for Updated Return
- NRO BANK INTEREST CERT. DATA AND VICE VERSA WITH
- What is the Correct GST Rate For Renewable Energy
- Schedule 112A-uploading with CSV file issues
- Audit opinion
- How to Calculate Income from Partially Let-Out Pro
- GST paid in cash
- Jobwork in gold business...reg
Related Threads
CAclubindia
