Rohit Verma (CA Final) (39 Points)
21 November 2009In case of private limited company,
Whether it is complusory to take approval of Central Government for increase in remuneration of Managing Director/ Director or appointment/ reappointment of Manging Director/ Director ?
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 21 November 2009
NO,read with section 217
Rohit Verma
(CA Final)
(39 Points)
Replied 21 November 2009
But in section 217, there is nothing about "Remuneration and Appointment".
CAclubindia
