Notice u/s 640b for central governments approval

MCA 636 views 1 replies

Dear All,

 

I have a query I am in the process of filing Form No. 25A regarding approval of Central Govt  for Managerial remuneration . There are six Executive Directors for whom it is proposed to be filed, reason is inadequate profit/ loss in the previous year. We have to give a public notice in the newspaper u/s 640B for Central Govt approval

So, my question is can I give for all six directors in one notice or I have it to give seprate notices for each of them.Please advise and help

Regards

Rema Kapoor

 

 

Replies (1)

in my view there is no prohibition you have to inform to members by giving notice and publishing the same in newspapers as well. No where provided for giving separate notice 


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