Urgent Query - Please help

Radhika (Consultant) (320 Points)

06 July 2011  

Dear Members, 

Is it mandatory for unlisted public company to seek central governmt approvl for appointment of manager with the remuneration exceeding the limit in Schedule XIII in the light of recent amendments by MCA? Should special resolution needs to be passed and form 25A & form 23 need to be filed for the same? Request learned members to respond ASAP.

 

Thanks in adv

Radhika