Dear students
It is ma question asking whether managerial remuneration is applicable for both private limited company and public limited companies.I am expecting the needed iinformation regarding this!
Shameer Kuppanath (article assistant) (52 Points)
10 December 2010Dear students
It is ma question asking whether managerial remuneration is applicable for both private limited company and public limited companies.I am expecting the needed iinformation regarding this!
Amit Gupta
(Loosening Myself)
(1508 Points)
Replied 10 December 2010
Sec 309 does not applies to private company unless it is a subsidiary of a public company. Thus it applies to Public companies and private co if it is subsidary of public co
udit sharma
(Company Secretary)
(2303 Points)
Replied 10 December 2010
Originally posted by : Amit Gupta | ||
Sec 309 does not applies to private company unless it is a subsidiary of a public company. Thus it applies to Public companies and private co if it is subsidary of public co |
Agreed for sure!