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Specification of certain conditions under which no approval of Central Government would be required for managerial remuneration under section 309(4) in its application to Nidhis and mutual benefit societies

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....- Specification of certain conditions under which no approval of Central Government would be required for managerial remuneration under section 309(4) in its application to Nidhis and mutual benefit societies G.S.R. 84(E).- In exercise of the powers conferred by section 620A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following amendment in the notification of ....

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Specification of certain conditions under which no approval of Central Government would be required for managerial remuneration under section 309(4) in its application to Nidhis and mutual benefit societies