https://www.taxtmi.com/notifications?id=126554 Amendments to Schedule V expand appointment considerations and remove phrases requiring Central Government approval for managerial remuneration, replacing prior limit-doubling provisions with language permitting payment of remuneration in excess of limits subject to substituted conditions; they require prior consent from banks, financial institutions, non-convertible debenture holders or other secured creditors where the company has defaulted before shareholder approval, delete certain caps on managerial remuneration, and omit a specified explanatory clause in Section IV. en-us Wed, 12 Sep 2018 00:00:00 +0530 Tue, 23 Dec 2025 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=126554 Amendments to Schedule V expand appointment considerations and remove phrases requiring Central Government approval for managerial remuneration, replacing prior limit-doubling provisions with language permitting payment of remuneration in excess of limits subject to substituted conditions; they require prior consent from banks, financial institutions, non-convertible debenture holders or other secured creditors where the company has defaulted before shareholder approval, delete certain caps on managerial remuneration, and omit a specified explanatory clause in Section IV. Notifications Companies Law Wed, 12 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=126554