Managerial remuneration
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 May 2011
BOD of a unlisted company has passed a reolution w.r.t remuneration to WTD, there is no recomendation from Remuneration committee. to my inderstanding Section 2, Part II of Schedule XIII is not applicable to unlisted companies with aequate profit. Am I right, experts pls giv u r views.
26 May 2011
Yes, your understanding is absolutely right.
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