Managerial Remuneration Rules amended: revised remuneration thresholds, reporting for top ten employees and updated appointment form. Amendment revises the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 by removing the expression Chief Executive Officer (CEO), Company Secretary and Chief Financial Officer (CFO) from rule 3, deleting certain clause references in rule 5(1), requiring names of the top ten employees by remuneration plus other specified employees, increasing monetary thresholds for reportability, and substituting a new Form MR-1 that updates required appointment disclosures, attachments and certification requirements.
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.
Managerial Remuneration Rules amended: revised remuneration thresholds, reporting for top ten employees and updated appointment form.
Amendment revises the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 by removing the expression Chief Executive Officer (CEO), Company Secretary and Chief Financial Officer (CFO) from rule 3, deleting certain clause references in rule 5(1), requiring names of the top ten employees by remuneration plus other specified employees, increasing monetary thresholds for reportability, and substituting a new Form MR-1 that updates required appointment disclosures, attachments and certification requirements.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
