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ARTICLE · 28 SEPTEMBER 2018

No Govt. Approval For Management Remuneration

S.S. Rana & Co.
S.S. Rana & Co.
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S.S. Rana & Co.

S.S. Rana & Co.

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A company bears its existence distinguished from its members working towards the common objective of maximizing profits.

IndiaCorporate/Commercial Law
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A company bears its existence distinguished from its members working towards the common objective of maximizing profits. Although having an independent legal identity, it requires effective organization of its affairs by a meticulous and experienced management which acts as its brain.

Regulatory Guidelines

The Ministry of Corporate Affairs (hereinafter referred to as the "Ministry") is the branch of the Government dealing exclusively with administration of legal framework governing the business corporations such as companies, limited liability partnerships in India. The control of the conduct and affairs of the companies are governed under the provisions of the Companies Act, 2013 (hereinafter referred to as the "Act") which monitors the transactions related thereto. The enforced Act works towards strengthening governance, management, compliance and enforcement of responsibilities of the management of the company.

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