sec 309

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Dear students

   It is ma question asking whether managerial remuneration is applicable for both private limited company and public limited companies.I am expecting the needed iinformation regarding this!

Replies (2)

Sec 309 does not applies to private company unless it is a subsidiary of a public company. Thus it applies to Public companies and private co if it is subsidary of public co

Originally posted by : Amit Gupta

Sec 309 does not applies to private company unless it is a subsidiary of a public company. Thus it applies to Public companies and private co if it is subsidary of public co
 

Agreed for sure!


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