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.
Zainul Tawawalla (Audit ) (101 Points)
02 March 2009Whether 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.
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 18 March 2009
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