Schedule 5 of Companies Act, 2013 : Appointment and Remuneration of Managing / Whole-Time Director

SCHEDULE V[1] (See sections 196 and 197) [Effective from 1st April, 2014] PART I CONDITIONS TO BE FULFILLED FOR THE APPOINTMENT OF A MANAGING OR WHOLE-TIME DIRECTOR OR A MANAGER WITHOUT THE APPROVAL OF THE CENTRAL GOVERNMENT Appointments No person shall be eligible for appointment as a managing or whole-time director or a manager (hereinafter… Read More