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Companies Act Managing director will be counted as an employee of the company as he manages and acts on behalf of the shareholders of the company. As per Section 197 of the Companies Act, 2013, the total managerial remuneration payable by a private company to its directors, including managing director, whole-time director, and manager, should not exceed 11% of the net profits of the company in that financial year.
Consider the following statements about ‘AMRIT’ (Arsenic and Metal Removal by Indian Technology):
1. Recently, IIT - Madras has...
Which of the following became the first genetically modified commodity of Indian that has received commercial approval anywhere in the world?
The Ravana Phadi Cave Temple is a significant rock-cut cave from the 6th century, associated with which dynasty's architecture?
Chandrayaan 3 achieved a significant milestone by successfully soft-landing on which unexplored region of the Moon?
World Science Day for Peace and Development is observed every year on?
Folate is the natural form of which vitamin?
Which Life insurance company has become the first Indian life insurance company to receive the registration to undertake life insurance business in th...
Which organization recently joined the Interpol Global Academy Network in a virtual event?
Which organization was awarded the businessline Changemaker of the Year for its role during the pandemic?
Consider the following about the recent launches portals of Bureau of Indian Standards (BIS):
I. Bureau of Indian Standards (BIS) has launched a ...