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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Managerial appointments and remuneration limits for companies: eligibility conditions, profit-based caps, approvals, and disclosure requirements.</h1> Appointment of a managerial person requires absence of specified convictions or detentions, Indian residency for the preceding twelve months or appropriate visa, and age between twenty-one and seventy years unless a special resolution approves otherwise. Remuneration is governed by profit status: companies with profits follow section 197; companies with no or inadequate profits are subject to quantified ceilings based on effective capital, with possible higher payments by special resolution or in specified special circumstances, subject to Board/committee approval, shareholder resolution, creditor no-objection certificates, auditor/secretary certification, and prescribed disclosures. Certain perquisites are excluded from remuneration ceilings.

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