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Where a company has managing director, whole time director, part time directors and manager, the maximum remuneration payable to all of them is ____% of the annual Net Profit
3%
11%
20%
5%
As per Section 197 of Companies Act, 2013 the maximum remuneration payable to managing director, whole time director, part time directors and manager, shall not exceed 11% of the annual Net Profit of the company in that financial year computed in accordance with section 198 of Companies Act.
By: Vikas Goyal ProfileResourcesReport error
Shikhar Srivastava
Pls why have you asked this question as this question is from chapter 13 which is not in part of sebi syllabus
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