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The Companies Act, 1956

Managing Agents (Section 324 to 377)

Section 348 Remuneration of managing agent ordinarily not to exceed 10 per cent of net profits.

Section 348 Remuneration of managing agent ordinarily not to exceed 10 per cent of net profits.

[Omitted by the Companies (Amendment) Act, 2000, w.e.f. 13-12-2000.]