Appointment of president
priyanka manawat (service) (138 Points)
24 January 2014priyanka manawat (service) (138 Points)
24 January 2014
JAINENDRA JAIN
(ACS/CA)
(1668 Points)
Replied 24 January 2014
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 24 January 2014
1) President Sales is not a managerial position under Companies Act and hence his remuneration will not be included in overall managerial limit under the Act.
2) Remuneration paid to him either as Manager Exports or as President Sales will be covered u/s 314.
Thanks
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)