Hi,
If MD's age 70's above can be taking approval of central government or not and how to calculate the remuneration to Managing Director.
With Regards
Jaya
Hi,
If MD's age 70's above can be taking approval of central government or not and how to calculate the remuneration to Managing Director.
With Regards
Jaya
As per Part I of Schedule XIII, if the age of MD is above 70 years and the same has been approved by the Shareholders of the Company through a Special Resolution, Central Government approval is not required.
Regards,
Ashish
I am agree with Mr. Ashish, his ans. is in short & sufficient.
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