banner_ad

CEO Remuneration

Others 2042 views 4 replies

Does the Companies Act regulate payment of remuneration and perks to CEO? If so, how?

Thanks

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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details