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    <title>APPOINTMENT AND REMUNERATION OF MANAGERIAL PERSONNEL - Proposed Amendments in the Companies Act, 2013</title>
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    <description>Reforms prioritise enhanced disclosure of managerial remuneration-retaining the director to median employee remuneration ratio-and recommend easing procedural constraints for paying remuneration in loss or inadequate profit scenarios by permitting ordinary shareholder approval for independent non promoter professionals, raising remuneration limits, removing government pre approval in favour of stronger disclosures and safeguards, clarifying profit calculation provisions including brought forward losses, prescribing special rules for investment companies, and expanding the concept, duties and registry filings for key managerial personnel while relaxing residency restrictions for managing directors.</description>
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