Board to appoint Nomination and Remuneration Committee
Compliances – Under Sections 178(1) & (4)
- The board to constitute the Nomination and Remuneration Committee.
- The Committee to comprise three or more non-executive directors out of which not less than one-half shall be Independent Directors.
- Chairperson of the company shall not to be the chairperson of the committee, he can be the member of the committee.
- The policies of the committee relating to the remuneration for the directors, key managerial personnel and other employees to be disclosed in the Board’s Report.
Author Sa. Venkat Ramanujan is a Certified Environment Social Framework Specialist of Word Bank Group and also Certified Independent Director of IICA, Ministry of Corporate affairs , Govt of India .,
He is Member of Institute of Directors & All India Management Academy ( AIMA ) .,
He is Founder & CEO of Trust Infosys Incorporation – Govt. of India accredited startup venture ., A distinction holder in his Post graduate MBA studies and a sustained learner for three decades in the domains of engineering & infrastructure projects , international trade & contracts , data & cloud management , environmental, social & corporate governance.,
Environmentalist ., Voracious reader., interested in cats and dogs ., love Gardening ., reuse & recycler of natural resources .,
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