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    <title>Remuneration to managerial person under Schedule XIII of the Companies Act, 1956 - Clarification with regard to payment for period.</title>
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    <description>A managerial person appointed under the earlier Act&#039;s Schedule may continue to receive remuneration for the remainder of the term in accordance with terms and conditions approved by the company under that Schedule, even if part of the tenure falls after the transition date.</description>
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