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Managerial remuneration

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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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