TMI BlogRemuneration of manager.X X X X Extracts X X X X X X X X Extracts X X X X ..... ions of section 198, receive remuneration either by way of a monthly payment, or by way of a specified percentage [1][* * *] of the "net profits" of the company calculated in the manner laid down in s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Substituted for "350 and 351" by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.
[3] Inserted by the Companies (Amendment) Act, 1960, Act 65 of 1960, section 147.
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