Procedure if director want to get remuneration more than its

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 March 2012 sir, i want to know that there is a public company and its director wants more remuneration then limit decide by companies act 1956. i want to know the procedure and forms to be filled for it...
thank u!!!!!!

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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03 April 2012 You Need to comply with schedule XIII and increase the salary accordingly..

CS Ankur Srivastava

CS Ankur Srivastava (Expert)
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03 April 2012 jUst form 23 is to be filed...

however, is the approval from the central government is required in that case form 23A is also to be filed...

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