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Government regulates remuneration of officials of Government Companies.

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....overnment regulates remuneration of officials of Government Companies. <br>News and Press Release<br>Dated:- 3-3-2011<br><BR>Minister of State for Corporate Affairs, Mr. R.P.N. Singh has said that the....

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.... Government regulates the remuneration of managing directors / whole-time directors / managers (board level positions) in accordance with provisions of Schedule XIII of the Companies Act, 1956. Listed....

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.... Companies and subsidiaries of Listed Companies in India which are loss making / have inadequate profits require Government approval for paying remuneration in excess of ceiling stipulated therein. T....

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....he Minster was replying to a question by Meenakshi Nataranajan in the Lok Sabha recently. .<BR> News - Press release - PIB....