Waiver of approval of Central Government for payment of remuneration to professional managerial person by companies having no profits or inadequate profits.

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....n, Dr. Rajendra Prasad Road, New Delhi Dated: 14.07.2011 To, All the Regional Directors, All the Registrar of Companies, All Stakeholders Sub: Waiver of approval of Central Government for payment of remuneration to professional managerial person by companies having no profits or inadequate profits Sir, In order to promote the development of Indian Corporate sector and an....