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Increase in MD's remuneration

Zainul Tawawalla (Audit ) (101 Points)

02 March 2009  

Whether a prior resolution of shareholders is required for increase in MD's remuneration or a post facto resolution would suffice. If post facto is ok, what is the time limit within which such resolution should be passed by the shareholders.

 1 Replies

Ankur Garg (Company Secretary and Compliance Officer)   (114659 Points)
Replied 18 March 2009

Please find enclosed checklist for the same.  Regards


Attached File : 48 managerial remuneration checklist.doc downloaded: 206 times

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