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of <h1>Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 regulate managerial appointments under Companies Act, 2013.</h1> The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, established by the Government of India under the Ministry of Corporate Affairs, are enacted pursuant to various sections of the Companies Act, 2013. These rules, effective from April 1, 2014, supersede previous regulations under the Companies Act, 1956, concerning the appointment and remuneration of managerial personnel. The rules aim to standardize and regulate the processes associated with managerial appointments and compensation within companies, ensuring compliance with the updated legislative framework provided by the Companies Act, 2013.
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