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Amendments to Section 197 of Companies Act 2013: New Rules on Managerial Remuneration and Profit Inadequacy Effective 2018.
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....Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits - Section 197 of the Companies Act, 2013 - Amendments came into force w.e.f. 12.9.2018....
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