https://www.taxtmi.com/acts?id=14783 Regulation 14 authorises the Regional Director to direct a company to insert specified licence conditions into its memorandum, articles, or both. The supplemental provision allows companies under section 25 to amend their memorandum, with prior Central Government approval, to permit payment of reasonable and proper remuneration to members for services actually rendered, and thereby modifies the existing licence. en-us Fri, 10 Jun 2011 10:47:49 +0530 Fri, 10 Jun 2011 10:47:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14783 Regulation 14 authorises the Regional Director to direct a company to insert specified licence conditions into its memorandum, articles, or both. The supplemental provision allows companies under section 25 to amend their memorandum, with prior Central Government approval, to permit payment of reasonable and proper remuneration to members for services actually rendered, and thereby modifies the existing licence. Act-Rules Companies Law Fri, 10 Jun 2011 10:47:49 +0530 https://www.taxtmi.com/acts?id=14783