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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Clause 200: Set Managerial Pay Limits in Low-Profit Companies Under Sections 196 & 197 of Companies Bill 2011.</h1> Clause 200 of the Companies Bill, 2011, allows the Central Government or a company to set remuneration limits for managerial personnel when the company has inadequate or no profits, as per sections 196 and 197. The remuneration must align with the Act's specified limits and consider factors such as the company's financial position, the individual's remuneration from other roles or companies, their professional qualifications and experience, and other prescribed matters.
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