Dear all,
Whether provisions related to the Managerial Remuneration are applicable on all KMPs?
remuneration
managerial
provisions
Key Managerial Personnel (KMP) is same under the Companies Act 2013 and Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ?
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managerial
Dear All,
Please Help to resolved this Query
In case of Public co having paid capital of 5.5 cr giving Managerial remuneration to MD of the company who is appointed for 5 yr till 2024 but in 2022 this remuneration which is fixed for ex. 2 Lac pm is shifted to 3 lac. does these required to file MGT 14 ? with SR ? for shareholders approval ?
Or this Managerial remuneration section is not applicable as it's mentioned section it's applicable to Public co having Paid capital more than 10 Cr.
company
public
remuneration
managerial
As we all know Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, has been amended by MCA wide notification dated 3rd January, 2020.
I need a clarification on the below explanation provided in Rule 9(1), it says;
“Explanation :- For the purposes of this sub-rule, it is hereby clarified that the paid up share capital, turnover, or outstanding loans or borrowings as the case may be, existing on the last date of latest audited financial statement shall be taken into account.”.
What is meant by existing on the last date of latest audited financial statement shall be taken into account.
personnel
rules
managerial
remuneration
rule
companies
appointment
query
Dear Members
Kindly send if any one having the Managerial remuneration calculation in Excel.
excel
calculation
remuneration
managerial
Dear members
Whether remuneration includes perquisites if paid under sec 197 , having profits.and if anyone having excell sheet for calculation under sec 198 pls forward.
remuneration
managerial
regarding
Whether a public Company having Managing Director can pay remuneration to other directors as per Schedule V of the Companies Act,2013.?
directors
other
remuneration
managerial
Hi We need to appoint MD in one of the public company. I have the following query: 1. while calculating the Net profit which Balance sheet need to be considered 31.03.2017 (audited) or 31.03.2018 (unaudited) 2.and after the appointment of MD if next year the company will suffer loss so will we revised the MD remuneration and need to follow the schedule V?? 3.If a person is MD in two companies one is public and other is Private. remuneration withdraw from private company will be the part of ceiling of MD remuneration??
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I have a practical issue related to my client. Our client Profit is more than 5 Cr. and as per section 197 & 198 maximum permissible remuneration is 11%. They already paid above 1 Cr. to their director(s). What is the legal compliance without going approval to CG. Please provide us format also if any @ csvishalmehra@gmail.com
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managerial
If directors receiving remuneration are exceeding the limits given in said rules then do we have to mention it in Boards Report or not?
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