https://www.taxtmi.com/notifications?id=23696 Exemption from Central Government approval for managerial remuneration of a subsidiary of a listed company applies where the holding company's Remuneration Committee and board consent, the holding company's general meeting approves the remuneration as deemed paid by the holding company, all members of the subsidiary are bodies corporate, and remuneration fixed by the Board for Industrial and Financial Reconstruction is also excluded from approval requirements. en-us Mon, 23 May 2011 00:00:00 +0530 Mon, 20 Jun 2011 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23696 Exemption from Central Government approval for managerial remuneration of a subsidiary of a listed company applies where the holding company's Remuneration Committee and board consent, the holding company's general meeting approves the remuneration as deemed paid by the holding company, all members of the subsidiary are bodies corporate, and remuneration fixed by the Board for Industrial and Financial Reconstruction is also excluded from approval requirements. Notifications Companies Law Mon, 23 May 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23696