alleryStart learning →For a company under s.178(1), who judges a director's professional qualification for s.197(4)?
AAudit Committee
BNomination Committee
CInvestor Committee
DEthics Committee
Answer & Solution
Correct answer: B. Nomination Committee
The proviso to s.197(4)(b) names the Nomination and Remuneration Committee for companies covered by s.178(1).
Keep practising Appointment and Remuneration of Managerial Personnel
Browse all Appointment and Remuneration of Managerial Personnel questions for CA Final, or explore more Law topics.
Related questions
In a loss year, sitting fees under s.197(5) areDepreciation deducted for net profits is to the extent specified in sectionIn a loss year, an articles clause raising director pay works only if it followsA director's fixed remuneration under s.197(4) is inclusive of pay forSecretarial standards referred to in s.205 are issued by theUnder s.205(1)(a), a company secretary reports to the Board on compliance withUnder s.204(2), the company must give all facilities toQualifications in a secretarial audit report must be explained in full by