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In case of a person above 70 yrs appointed as MD with shareholders approval by way of spl resolution if the remuneration is increased subsequently, is there necessity to file any other eform apart from MGT14 for BM resolution approving the increase of remuneration?

Section 196- Appointment of managing director, whole-time director or manager.

Posted By: Latha 9 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Akansha

Not required. MR-1 shall be required to file after passing the special resolution in the general meeting

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