is the form 25c has to be again filed in case of any variation of salary of managing director complying with schedule xiii of the companies Act 1956 where as all others term and condition of the appointment will remain same!
BHASKAR
2 Replies
Preet Kanwar Singh
(Company Secretary)
(161 Points)
Replied 28 September 2011
Filing of Form 25C is for appointment and re-appointment only and not for the change in terms of appointment including change in remuneration. So, in case no CG approval is required and the change in remuneration is within the limit of Section 198/309 read with Schedule XIII (provided thecompany is a public ltd. company or a private company which is a subsidiary of a public ltd. co) then only form 23 is required to be filed.
othr views plz....
AMIT MISHRA
(Legal Professional)
(393 Points)
Replied 30 September 2011
Hi Bhaskar,
25C is required to be filed within 90 days of appointment or variation of terms of appointment for a managing or a whole time director.
Thanks & Regards
Amit Mishra
BSamrish & Co.
New Delhi
Recent Topics
- ITR 2 validation
- Interest u/s 234B & 234C charged despite being
- Deduction for leave encashment 10AA
- Inadvertently filled and filed Form 10-IEA like la
- Delivery challan e-way bill
- LTCG Section (B1-B12) for RSU Sale after Jul/24
- Regarding Hackathon Prize W-8BEN India-US Tax Trea
- Digital1234
- Unable to claim Deduction in ITR 2 u/s 80 CCD(2)
- FDI-FEMA-Interest on Loan to Mauritius based wholl
Related Threads
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
CAclubindia
