"RESOLVED THAT Board of Directors be and is hereby authorised to fix remuneration, fee etc, payable to Statutory Auditors, appointed by Comptroller and Auditors General of India under Section 139 of the Companies Act, 2013, for the financial year 2017-18." Particulars Assent Dissent Abstain Total Remote e-votes Voting at AGM Percentage 99.97 0.03Web
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Contribute to dinglei2022/en development by creating an account on GitHub.Web
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(i) State the process of fixing remuneration of a company auditor as per Companies Act,2013 section 142. Answer: The remuneration of the auditor of a company shall be fixed in its general meeting or in such manner as may be determined therein. Provided that the Board may fix remuneration of the first auditor appointed by it.Web
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the fixing of insolvency practitioners' remuneration. It analyses who ought to be empowered to set remuneration, the rules on disclosure, the meaning of value the of services rendered and the approaches of the courts in computing value, by reference to the laws of England, Singapore and HongWeb
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27/07/2021 0 By indiafreenotes. The remuneration of the auditor of a company shall be fixed in its general meeting or in such manner as may be determined therein: Provided that the Board may fix remuneration of the first auditor appointed by it. The remuneration under sub-section (1) shall, in addition to the fee payable to an auditor, include ...Web
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The Guideline contains a recommendation that companies disclose in their annual reports the "policies on and quantum and components of remuneration for all directors and each of the 5 highest paid executives. The disclosure should be made in one section of the annual report in tabular form with appropriate explanatory notes".Web
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procedure for developing policy on executive remuneration and for fixing the remuneration packages of individual directors. Details regard to the remuneration of each director should be disclosed in the company's annual report. In Western company, there has been considerable concern about the remuneration of company directorsWeb
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You can find information on the compensation of officers of public companies in the company's filings with the U.S. Securities ... these reports include information on …Web
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Application for order in early dissolution of company administered by Official Receiver or liquidator. 211.—. (1) Where a notice has been given under section 209 (2) or 210 (2), any creditor or contributory of the company, any receiver or manager of the company, or any other person, may apply to the Court for an order under this section.Web
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The remuneration payble to any one managing director or whole-time director or manager shall not exceed 5% of the net profits of the company and if there are more than one such director remuneration shall not exceed 10% of the net profits to all such directors and manager taken together. — 3% of the net profits in any other case.Web
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To start, initiate a pay equity audit in which you compare the pay of employees doing "like for like" work (accounting for reasonable differentials, such as work …Web
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procedure for developing policy on executive remuneration and for fixing the remuneration packages of individual directors. Details regard to the remuneration of …Web
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To fix remuneration of Statutory Auditors for the financial year 2020-21. In terms of provisions of Section 142 of the Companies Act, 2013, the remuneration of the Auditors shall be fixed by the Company in General Meeting or in such manner as the Company in General Meeting may determine. Hence, it is proposed that the Members may authorize …Web
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We find five key themes in the literature: (1) firm performance and remuneration of top management, (2) remuneration and independence of board of directors, (3) remuneration of outside directors, (4) remuneration of directors and (5) ownership structure. We analyze these themes to explain how the identified research …Web
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NOMINATION AND REMUNERATION POLICY 1. BACKGROUND The Board of directors ("Board") of BSE Limited ("Company") constituted the Compensation Committee ("Committee"). The nomenclature was changed to Nomination and Remuneration Committee ("Committee") in Committee's meeting held on May 14, 2014.Web
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To have a strong bondage with the Company and long time association of the employees, the management while fixing remuneration to the employee ensures that it: • Appropriately compensate employees for the services they provide to the Company; • Attract and retain employees with skills required to effectively manage theWeb
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Prior to the 2020 amendment, the independent directors were not allowed to be paid remuneration under section 197(3) of the Companies Act, 2013, except for the sitting fee under section 197(5) of the Act, by a company which had incurred loss or had earned inadequate profit but the managerial personals could be paid remuneration even …Web
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The Employee. Several employee-related factors interact to determine his or her remuneration. These include performance, seniority, experience, potential, and even sheer luck. Performance is always rewarded with a pay increase. Rewarding performance motivates the employee to do better. Management prefer performance to effect pay …Web
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Insolvency practitioner remuneration is a vexed topic globally, and the role of courts in fixing and reviewing remuneration is controversial. Traditionally, courts have been at the forefront of resolving formal disputes about insolvency practitioner remuneration, but they are no longer perceived, perhaps even by themselves, as being …Web
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Meaning of Remuneration. The ordinary meaning of 'Remuneration' is an amount of money that is paid to somebody for the work they have done; reward; compensation. As per Section 2(78) of the companies Act, 2013 'Remuneration' defined as any money or its equivalent given or passed to any person for services rendered by …Web
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About DavidsonMorris Directors' remuneration refers to how directors of a company are compensated by a company for their services usually fees, salary, use of …Web
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The remuneration of the auditor of a company shall be fixed in its general meeting or in such manner as may be determined therein: Provided that the Board may fix remuneration of the first auditor appointed by it. Board of directors are the appointing authority of the auditor, therefore D is the correct option.Web
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"RESOLVED THAT pursuant to the requirement of sub-section 8(aa) to section 224 of the Companies Act, 1956, the Board of Directors of the Company be and are hereby authorized to fix the remuneration and other terms and conditions, including reimbursement of out of pocket expenses in connection with the audit work, to the …Web
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Managerial Remuneration. The responsibility to ensure the success of a company's affairs lays on its directors i.e the people at the helm of affairs of the company. They need to make efforts in a collective manner while ensuring the best interest of the shareholders and stakeholders. Since, the future of the company depends on the abilities ...Web
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4. To authorize Board of Directors of the Company to fix remuneration of the Joint Statutory Auditor(s) of the Company for the FY 2021-22 in terms of the provisions of section 142 of the Companies Act, 2013 and to pass the following resolution as an Ordinary Resolution: "RESOLVED THAT the Board of Directors of the Company be and isWeb
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Companies around the globe increasingly receive immense shareholder scrutiny due to perceivably excessive executive director remuneration. The debate in South Africa intensifies due to severe pay inequality. The authors thus accounted for the perspectives of asset managers and listed financial services companies in South Africa …Web
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Board, the Company hereby approves the payment of remuneration to M/s Price Waterhouse Chartered Accountants LLP (Firm Registration No. 012754N/N500016) and M/s G.M. Kapadia & Co. Chartered Accountants, (Firm Registration No. 104767W), Joint Statutory Auditors of the Company, of ` 57,00,000 (Rupees fifty seven lakh only) each …Web
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Company will pay remuneration by way of Salary including perquisites and allowances as specified under ... (MD & CEO) of the company for the period of 5(five) years and to fix his remuneration for a period of 5 (five) years. "RESOLVED THAT pursuant to provision of Section 196, 197, 198 and 203 and other applicable ...Web
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Section 142 of Companies Act 2013: Remuneration of auditors. Section 142 shall come into force on 1st April, 2014 vide Notification No. S.O. 902 (E) issued dated 27.03.2014. (1) The remuneration of the auditor of a company shall be fixed in its general meeting or in such manner as may be determined therein:Web
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