Section 200 of CA 2013 : Section 200: Central Government Or Company To Fix Limit With Regard To Remuneration
CA 2013
JavaScript did not load properly
Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.
Explanation using Example
Imagine a company named 'Tech Innovations Ltd.' that has been facing financial difficulties and has inadequate profits for the current financial year. The company needs to appoint a new CEO and decides to set the remuneration for the incoming CEO. According to Section 200 of The Companies Act, 2013, despite the company's low profits, the board can approve a reasonable remuneration package for the CEO.
In a board meeting, the directors consider:
- (a) the current financial position of 'Tech Innovations Ltd.' and its...
Login to access all pages and read more content.
To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.
🚀 Special Offer! Enjoy 1 Year of Ad-Free Browsing with any subscription.
KanoonGPT is now faster and smarter, powered by upgraded servers.
Subscribe today and unlock all new features!
KanoonGPT is now faster and smarter, powered by upgraded servers.
Subscribe today and unlock all new features!
Update: Discover how KanoonGPT revolutionizes legal research! Watch our demo video on the homepage to see how you can chat with various legal sections using our innovative hybrid AI search. Enjoy free unlimited AI access for a limited time!
Update: Page bookmarking and open in new tab is now supported! Simply use your browser's bookmark manager to save this page for quick access later.
Update: All Judiciary Acts to be available within a week.
Download Digital Bare Acts on mobile or tablet with "Kanoon Library" app
