Board™s Report Enhanced Role Under The New Companies Act 2013
Introduction Section 134 of the Companies Act, 2013 casts a responsibility on the Board of Directors to prepare a report containing details as discussed below and this report needs to be annexed to the Financial Statements which are laid before the members in the annual general meeting. Companies Act, 2013 also contains provisions regarding revision… Read More
Tags: Audit Committee, Board of directors, Companies Act, Companies Act 2013, Compensation and Benefits, Financial statement, Independent director, Public company
Draft Rules under Companies Act 2013 :: Chapter XIII :: Appointment and Remuneration of Managerial Personnel
Click Here to Download the Draft Rules for Chapter XIII -------------------------------------------------------------------------------------------- DRAFT RULES UNDER COMPANIES ACT, 2013 CHAPTER XIII APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL 13.1 For the purposes of second proviso to sub-section (4) of section 196, a company shall file a return of appointment of a managing director, whole time director or manager with the… Read More
Tags: Board of directors, Business, Compensation and Benefits, Executive pay, Human Resources, India, Public company, Salary
Executive Compensation in India
INTRODUCTION Issues of Corporate Governance, having gained stronghold in the developed nations of the West, have largely invaded the Indian Corporate Sector in the past decade. In present times, it has in fact reached a stature when Good corporate governance practices are a sine qua non for sustainable business that aims at generating long term value to… Read More
Tags: Business, Chief executive officer, Compensation and Benefits, Corporate Governance, Executive pay, Financial Stability Forum, Human Resources, India
Subscribe to the Daily Journal
India’s Leading Compliance Software
Corporate Law Referencer
