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sec 197(4)

sohan choudhary (30 Points)

16 November 2017

Is professional services included in managerial remunaration under sec 197

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3 Replies

Jhalak Jain (3 Points)
Replied 16 November 2017

No, it is not included.

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sohan choudhary (30 Points)
Replied 16 November 2017

What's remunaration limi if company having no profit or inadequate profit w/o approval Of CG remunaratio to professional director item)(B) Of section 2 Of part 2 Of schedule V

Deepak Jaiswal (Junior Technical Assistant Ministry Of Corporate Affairs (HQS)) (24 Points)
Replied 26 November 2017

No limit on Remuneration of professional director W.e.f 12/09/2016 professional director is exempted to take CG approval in case of fulfillment of conditions specified in schedule V.