wheather section 197 and sehedule v of company act 2013 applicable to private compamy
Pankaj jhunjhunwala (CA) (97 Points)
20 May 2014wheather section 197 and sehedule v of company act 2013 applicable to private compamy
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 20 May 2014
Provisions relating to Managerial remuneration under CA 2013 (Section 197 and Schedule V) shall not apply to a private company and the same will be governed by AOA of the Private Company.
Thanks
Ankur Garg
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