Amendment to Schedule V of the Companies Act., 2013

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....rnment hereby makes the following amendments to Schedule V of the said Act, namely:- 2. In Schedule V of the Companies Act, 2013, in PART II, under the heading "REMUNERATION".- (a) in Section I, in the first para, after the words "managerial person or persons", the words "or other director or directors" shall be inserted; (b) in Section II,-- (i) after the words "managerial perso....

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....4 Lakhs plus 0.01% of the effective capital in excess of Rs. 250 crores:" (c) in Section III, - (i) after the words "managerial person", wherever occurred, except in clause (i) of the proviso, the words "or other director" shall be inserted; (ii) after the words "managerial persons", wherever occurred, the words "or other directors" shall be inserted; (iii) ....