TMI BlogManagerial remunerationX X X X Extracts X X X X X X X X Extracts X X X X ..... Managerial remuneration X X X X Extracts X X X X X X X X Extracts X X X X ..... ction under Company Law for managerial remuneration of closely held public limited company Reply By Prakash Bhandari: The Reply: the restiction for mangerial remuneration is specified in sec 309 and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sec XIII of the companies Act. Broadly it is 11% profits , in it 5% to one individual having fultime appointment and 1 % for non wholetime appointment. In case of insufficient profit as per SCH XIII< ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... br> Discussion Forum - Knowledge Sharing ..... X X X X Extracts X X X X X X X X Extracts X X X X
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