Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

Bharathi G Karthikeyan

unread,

Aug 3, 2016, 5:57:21 AM8/3/16

to CSMysore

Dear Professional Friends,

The Board's Report shall include a Statement showing the names of the top ten employees in terms of remuneration drawn and the name of every employee, who-

.........

can any one explain top ten employees and every employee ? in terms of Rule 5(2) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014

neha agrawal

unread,

Aug 3, 2016, 6:13:37 AM8/3/16

to csmy...@googlegroups.com

U can refer Annual Report

Regards,

Neha Agrawal

--
--
************************************************
Mail your comments, feedback and suggestions on CSMysore to Moderator: datta...@gmail.com and Manager: vivekhe...@gmail.com
---
You received this message because you are subscribed to the Google Groups "CSMysore" group.
To unsubscribe from this group and stop receiving emails from it, send an email to csmysore+u...@googlegroups.com.
For more options, visit https://groups.google.com/d/optout.

ACS Poonam Jain

unread,

Aug 3, 2016, 6:35:05 AM8/3/16

to csmy...@googlegroups.com

Hello,

The company is requierd to disclosre the details of every employees who

i. Received remuneration not less than Rs. 1.20 Crore, if employed throughout that year;

ii. Received remuneration @ not less than Rs. 8.50 lacs per month if employed for a part of that year;

iii. Received remuneration more than that drawn by Managing Director, Whole Time Director or Manager and holds either himself or together with his spouse and dependent children not less than 2%

and top ten employee whether or not receiving the amount as specified above.

for e.g. suppose in a company, there are some employee getting salary maximum of 2 lac per month even though their salary far less in companre to limit mentioned above, still you need to disclose the details of top ten employees.

Others views are also solicited...

--

Regards

Poonam.