Independent director remuneration permitted despite inadequate profits, payable exclusive of other statutory fees and governed by Schedule V. Proviso permits independent directors to receive remuneration when a company has no profits or profits are inadequate, exclusive of other statutory fees, ... Summary
Independent director remuneration permitted despite inadequate profits, payable exclusive of other statutory fees and governed by Schedule V.
Proviso permits independent directors to receive remuneration when a company has no profits or profits are inadequate, exclusive of other statutory fees, and requires that such remuneration be determined in accordance with Schedule V.
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