Form of application to the Central Government for approval of appointment or reappointment and remuneration or increase in remuneration

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....25A   ------------------------------------ Notes:- [1] Substituted by Notification GSR 56(E), dated 10-2-2006 for Form No. 25A and 26. - ============= Document 1 FORM 25A [Pursuant to section 198(4), 269, 309(3), 309(5B), 310, 311, 387, 388, 2(24), 4(7), 309(1)(b), 309(4) (a) and (b) and 316(4) of Companies Act, 1956] Form of application to the Central Government for approval of appointment or reappointment and remuneration or increase in remuneration or waiver for excess or over payment to managing or whole-time director(s) or manager and commission or remuneration or expression of opinion to directors Note - All fields marked in * are to be mandatorily filled. Part A - Profile o....

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....reof u/s -nment 198 obtained (iii) (a) DIN or income-tax PAN (Please provide DIN in case of Director) (b) Name (d) Managerial remuneration paid during the last three years (c). Designation Period of payment Salary From (DD/MM/YYYY) (DD/MM/YYYY) (in Rs.) To Perquisite (in Rs.) Commi- ssion Others Total cost to the company % to net Nature of (in Rs.) (in Rs.) (in Rs.) profits service rendered Whether approval of Gover If not, reasons thereof u/s 198 -nment obtained 4.*Effective capital as per previous year's audited balance sheet (in Rs. in thousands) 5. Net profit or loss as computed under section 198 of the Act, of the com....

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....ge 3 of 7 7(b). Whether the application has been filed in time Yes No 7(c). Which clause(s) of schedule XIII of the Companies Act, 1956 is or are not satisfied due to which the present application is being made. Give full particulars. 7(d)(i). Whether the proposed apointee(s) suffers from any of the disqualification mentioned in section 267 or section 385 or section 274 of the Act. Yes No (ii) If yes, furnish the details thereof 7(e)(i). Whether the company has made any default in repayment of its debts (including public deposit) or debentures or interest payable thereon as prescribed in part II of schedule XIII ☐ Yes (ii) If yes, furnish the details thereof No 7(f)(i). Whether the proposed app....

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....iv) Address of the registered office of the company (v) Nature of business (vi) Working results for the last three years | (a) From (b) To || (DD/MM/YYYY) (DD/MM/YYYY) (c) Net Profit or loss as computed under section 198 of the act (in Rs.) (a) From (b) To (DD/MM/YYYY) (DD/MM/YYYY) (c) Net Profit or loss as computed under section 198 of the act (in Rs.) III (a) From (b) To (DD/MM/YYYY) (DD/MM/YYYY) (c) Net Profit or loss as computed under section 198 of the act (in Rs.) Pre-fill Attachments in Part-B (i) Copy of the resolution of remuneration committee along with its composition, board of directors or shareholder(s) Attach (ii) No objection certificate from the....