Remuneration Of Managerial Personnel / Managing Director Under Companies Act 2013
Saturday, 26 December 2015
by Anand splan
Section 205(2) provides that provisions contained in section 204 and section 205 shall not affect the duties and functions of the Board of Directors, chairperson of the company, managing director or wholetime director under this Act, or any other law for the time being in force. MANAGERIAL REMUNERATION Just as profits drive business, incentives drive