Managerial remuneration - Basis for determination of director’s remuneration ‑ Payment of Guarantee Commission to directors, whether ‘remuneration’

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..... Circular - Circulars - Companies Law - Circular : No. 3 of 1994, dated 16 ‑ 2 ‑ 1994. Subject:-Managerial remuneration - Basis for determination of director s remuneration R .....

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..... v. Union of India [1984] 55 Comp. Cas.492, it was held by Delhi High Court that Guarantee Commission paid by a Company to its director for standing surety for loans and credit facilities taken by the .....

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