Formalities - Increase in Managerial remuneration

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Let me know the formalities to be complied with, in connection to the increase in mangerial remuneratiom. Like specimen of special resolution/EOGM etc. etc..

AI Summary

Managerial Remuneration Increase: No Specific Formalities Needed Unless Articles of Association Specify Otherwise A query was raised regarding the formalities needed for increasing managerial remuneration, specifically asking for details like specimen of special resolutions or EOGM requirements. The response clarified that no specific formalities are generally required unless specified in the Articles of Association (AOA). If the AOA includes such specifications, the company must follow those terms or amend the AOA according to the prescribed procedure.