https://www.taxtmi.com/acts?id=18460 Payments of compensation to a director in connection with transfer of an undertaking, property or shares require disclosure of specified particulars and approval by members at a general meeting; payments to managing directors, whole time directors or managers are subject to the limit under section 202; payments (other than notice pay and statutory payments) are barred where the company is in specified defaults; valuation of securities pending valuer rules is to be by an independent SEBI registered merchant banker or an independent chartered accountant with minimum ten years' experience. en-us Tue, 01 Apr 2014 09:29:51 +0530 Thu, 12 Mar 2026 12:12:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18460 Payments of compensation to a director in connection with transfer of an undertaking, property or shares require disclosure of specified particulars and approval by members at a general meeting; payments to managing directors, whole time directors or managers are subject to the limit under section 202; payments (other than notice pay and statutory payments) are barred where the company is in specified defaults; valuation of securities pending valuer rules is to be by an independent SEBI registered merchant banker or an independent chartered accountant with minimum ten years' experience. Act-Rules Companies Law Tue, 01 Apr 2014 09:29:51 +0530 https://www.taxtmi.com/acts?id=18460