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Chapter 13
Appointment and Remuneration of Managerial Personnel
10 sections (196–205)
- 196Appointment of managing director, whole-time director or manager
- 197Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits
- 198Calculation of profits
- 199Recovery of remuneration in certain cases
- 200Central Government or company to fix limit with regard to remuneration
- 201Forms of, and procedure in relation to, certain applications
- 202Compensation for loss of office of managing or whole-time director or manager
- 203Appointment of key managerial personnel
- 204Secretarial audit for bigger companies
- 205Functions of company secretary