https://www.taxtmi.com/acts?id=17497 When a company is required to restate financial statements because of fraud or non-compliance, it must recover from any past or present managing director, whole time director, manager, or Chief Executive Officer any remuneration, including stock options, received during the restated period that exceeds what would have been payable under the restated statements. en-us Sat, 02 Mar 2013 13:20:11 +0530 Wed, 10 Dec 2025 17:25:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17497 When a company is required to restate financial statements because of fraud or non-compliance, it must recover from any past or present managing director, whole time director, manager, or Chief Executive Officer any remuneration, including stock options, received during the restated period that exceeds what would have been payable under the restated statements. Act-Rules Companies Law Sat, 02 Mar 2013 13:20:11 +0530 https://www.taxtmi.com/acts?id=17497