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Managerial remuneration - Increase in director’s remuneration requires Government sanction Government’s approval is dispensed with in cases where the increase in remuneration.

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.... Dated:- 13-4-1989 Circular<br>Companies Law<br>Circular : No. 3, dated 13‑4‑1989. Subject:- Managerial remuneration - Increase in director's remuneration requires Government sanction &#8....

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Managerial remuneration - Increase in director’s remuneration requires Government sanction Government’s approval is dispensed with in cases where the increase in remuneration.