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of <h1>New Rules for Managerial Appointments and Remuneration under Companies Act, 2013: Key Filing Deadlines and Disclosure Requirements</h1> The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, effective from April 1, 2014, outline regulations for appointing and remunerating managerial personnel under the Companies Act, 2013. Companies must file appointment returns for key positions like Managing Director and CFO within 60 days. They can pay directors a sitting fee, capped at one lakh rupees per meeting. Listed companies must disclose remuneration details in their Board's report. Specific rules govern applications to the Central Government regarding remuneration, the appointment of key personnel, and secretarial audits. Company Secretaries have defined duties, including facilitating meetings and ensuring compliance with governance practices.
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