Dear Members,
Can anyone please tel what is the procedure to increase the remuneration of a whole time director.
I have prepared necessary draft of notice & resolution to be passed at EGM for increase in remuneration of a whole time director. as the remuneration increased is within the limits:-
- do i need to fill any form also intimating roc?? or
- do i need to inform any government authority or take permission prior to increase in remuneration? ( remuneration increased is within the limits as specified in schedule XIII)
kindly guide me over the matter
Regards
CS Shruti Agarwal