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    <title>Substitution of sub-paragraphs (c) and (d) of Part I and insertion of Section III of Part IT of Schedule XIII to Companies Act, 1956</title>
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    <description>Amendments require managerial appointees generally to be between 25 and 70 years, permit appointments outside those ages by company special resolution without Central Government approval, and clarify that a managerial person serving in multiple companies may draw remuneration from one or both companies provided the total does not exceed the higher maximum limit admissible from any one company.</description>
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      <description>Amendments require managerial appointees generally to be between 25 and 70 years, permit appointments outside those ages by company special resolution without Central Government approval, and clarify that a managerial person serving in multiple companies may draw remuneration from one or both companies provided the total does not exceed the higher maximum limit admissible from any one company.</description>
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