As per the provisions of Section 202 of Companies Act 2013, compensation for loss of office/consideration for retirement from office may be paid to MD/WTD or manager subject to specified limits and except in the specified cases.
The following procedure is to be followed for payment of compensation for Loss of Office of MD or WTD or Manager under Section 202 read with Rule No. 17 of the Companies (Meetings of Board and its Powers) Rules, 2014:- http://bit.ly/2uETaE0
From India, Delhi
22The following procedure is to be followed for payment of compensation for Loss of Office of MD or WTD or Manager under Section 202 read with Rule No. 17 of the Companies (Meetings of Board and its Powers) Rules, 2014:- http://bit.ly/2uETaE0
From India, Delhi
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