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Board Resolution - Increase in Managerial Remuneration in case of inadequate or no profit

Draft Board Resolution along with Preamble to consider and approve increase in managerial remuneration of Managing Director / Whole Time Director in case of inadequate profit or no profit subject to the approval of Shareholders of the Company.

Chapter: XIII

Section: 196, 197 and Schedule V

Rule: The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

Approximate Time Saving: 1 hour , 30 minutes

Product Information

This document consist of draft Board resolution to increase managerial remuneration of Managing Director / Whole Time Director in case of inadequate profit or no profit subject to the approval of Shareholders of the Company, along with Preamble in editable word format making it handy to use and save time and efforts of a professional

Attachments

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Increase in managerial remuneration subject to shareholders approval