Chapter XIII — Appointment And Remuneration Of Managerial Personnel

Section 197 — Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits

Companies Act, 2013 · Preview

(1) The total managerial remuneration payable by a public company, to its directors, including managing director and whole-time director, and its manager in respect of any financial year shall not…