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    <title>Proposed Amendments in COMPANIES (APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL) RULES, 2014</title>
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    <description>The proposals confine Form MR 1 to managerial personnel appointments only, excluding KMPs reported via Form DIR 12, and prune Rule 5 disclosures to a limited set while shifting remuneration reporting to the top ten employees and those above a high remuneration threshold. Secretarial Auditors are to verify existence of board processes and systems for legal compliance rather than certify compliance with all other laws, with reporting to follow Form MR 3.</description>
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      <description>The proposals confine Form MR 1 to managerial personnel appointments only, excluding KMPs reported via Form DIR 12, and prune Rule 5 disclosures to a limited set while shifting remuneration reporting to the top ten employees and those above a high remuneration threshold. Secretarial Auditors are to verify existence of board processes and systems for legal compliance rather than certify compliance with all other laws, with reporting to follow Form MR 3.</description>
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