Snap-shot of SEBI’s informal guidance on payment of remuneration exceeding limits to executive promo

The market regulator, SEBI on November 18.11.2020 has issued an informal Guidance to the Manaksia Aluminium Company Limited (MACL) whereby it has clarified that company-MACL shall be required to pass Special Resolution under 17(6)(e)(ii) of the LODR norms subject to the shareholders’ approvalThe market regulator, SEBI on November 18.11.2020 has issued an informal Guidance to the Manaksia Aluminium Company Limited (MACL) whereby it has clarified that company-MACL shall be required to pass Special Resolution under 17(6)(e)(ii) of the LODR norms subject to the shareholders’ approvaltaxmann.com NewsRead More

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