In case of Private Limited Company,
Whether it is complusory to take approval of Central Government for Increase in Director/Managing Director's Remenuneration ??
In case of Private Limited Company,
Whether it is complusory to take approval of Central Government for Increase in Director/Managing Director's Remenuneration ??
No it is not required at all. However if section 314(1B) is applicable and salary is more than 50000 p.m. then you may require CG approval.
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