Sec 197, Schedule V

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13 Points Posted on 15 February 2020
Upto what limit an unlisted public company having inadequate profits or no profit can pay remuneration to its directors?
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On 15 February 2020 at 18:26 Report
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This discussion explores the remuneration limits for directors in unlisted public companies that have insufficient profits or are making no profit. It clarifies that the maximum remuneration is capped at 11% of the company's annual profits. The conversation also touches upon the definition and calculation of a company's effective capital.

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Student
590 Points Posted on 15 February 2020
11% of annual profits is the max. Limit
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On 15 February 2020 at 19:53
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Student
590 Points Posted on 15 February 2020
11% of annual profits is the max. Limit
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On 15 February 2020 at 19:53
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13 Points Posted on 15 February 2020
Thank you so much
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On 15 February 2020 at 21:27
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9 Points Posted on 18 February 2020
What is the effective capital of company?
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On 18 February 2020 at 23:25

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