Please Help: COMPANIES ACT 2013
Posted Date : 26-Feb-2015 , 06:24:44 pm | Posted By: GAURAV JAIN
Category :
Corporate Law | Answers :
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REGARDING REMUNERATION TO NON-EXECUTIVE DIRECTOR |
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| Posted By : GAURAV JAIN |
26-Feb-2015, 06:31:13 |
| query: Whether remuneration to non-executive director being director of unlisted public company does under purview of section 188.
If not, whether other directors being relative of such non-executive director have to disclose their interest. If all directors are relative to each other, how they will make the proper quorum u/s 174.
Is it mean that closely held companies can't increase the appoint or increase the remuneration without appointment of Independent Directors.
Please clarify ??
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