Sitting fees limits distinguish large companies from others, prescribing higher and lower statutory maxima for meetings. Rule 10B prescribes ceilings on remuneration by way of fee for each Board or committee meeting, differentiating companies that meet specified paid-up ... Summary
Sitting fees limits distinguish large companies from others, prescribing higher and lower statutory maxima for meetings.
Rule 10B prescribes ceilings on remuneration by way of fee for each Board or committee meeting, differentiating companies that meet specified paid-up capital/free reserve or turnover thresholds (subject to a higher sitting-fee ceiling) from other companies (subject to a lower sitting-fee ceiling).
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