Except with the approval of the central Government, remuneration of a whole time director or a managing director shall not exceed …………… of the net profits for one such director.

Related MCQs

• The remuneration payable to a whole time director of the company should not exceed.
• Under section 269, every public company and a private company which is a subsidiary of a public company must have a managing director or a whole time director if its paid-up share capital is.
• According to sec 297, a director shall not enter into any contract with the company except with the consent of ……..
• The company agrees that the remuneration of non- executive directors shall be decided by.
• The company agrees that the remuneration of non- executive directors shall be decided by
• The nominal value of the qualification shares of a director must not exceed.
• ……………..is entitled to the management of the whole or substantially the whole of the affairs of the company.
• As per Sec.274, a person shall not be appointed as director if he is found to be of unsound mind by………
• Remuneration Committee is made up of.
• Maximum managerial remuneration permissible under the Companies Act, 1956 for public limited companies is.