Increase in managerial remuneration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 May 2017
Dear Members,
Please let me know whether the resolution of Board of Directors to increase the total managerial remuneration (in excess of 11 % of the Net profit) payable to all directors can be passed by circulation or it is mandatory to pass it at a Board Meeting?
Please suggest.
Please let me know whether the resolution of Board of Directors to increase the total managerial remuneration (in excess of 11 % of the Net profit) payable to all directors can be passed by circulation or it is mandatory to pass it at a Board Meeting?
Please suggest.
24 May 2017
it can be passed by circulation
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 May 2017
Thanks a lot sir for your reply.
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