Unlisted companies -managerial remuneration

Varsha (CS) (130 Points)

20 December 2012  
Does it mean that Unlisted companies proposing to pay more than 198 limits will fall under Inadequate Profit category of Schedule XIII.?

Read more at: /forum/managerial-remuneration-unlisted-co-s-232034.asp
Does it mean that Unlisted companies proposing to pay more than 198 limits will fall under Inadequate Profit category of Schedule XIII.?

Read more at: /forum/managerial-remuneration-unlisted-co-s-232034.asp
Does it mean that Unlisted companies proposing to pay more than 198 limits will fall under Inadequate Profit category of Schedule XIII.?

Read more at: /forum/managerial-remuneration-unlisted-co-s-232034.asp
Does it mean that Unlisted companies proposing to pay more than 198 limits will fall under Inadequate Profit category of Schedule XIII.?

Read more at: /forum/managerial-remuneration-unlisted-co-s-232034.asp
Does it mean that Unlisted companies proposing to pay more than 198 limits will fall under Inadequate Profit category of Schedule XIII.?

Read more at: /forum/managerial-remuneration-unlisted-co-s-232034.aspSubsequent to MCA

Dear Friends

Can Unlisted Companies pay remuneration in excess of 198 limits (i.e.more than 11%) without central Govt approval,subsequent to MCA circular dtd 08/02/2011 changing Schedule XIII ?

Thanks

Varsha