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Indian Companies Act, 2013   Chapter XIII   Appointment and Remuneration of Managerial Personnel   Section No. Particulars 196   Appointment of managing director, whole-time director or manager 197   Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits 198   Calculation of profits 199   Recovery of remuneration in certain cases 200   Central Government or company to fix limit with regard to remuneration 201   Forms of, and procedure in relation to, certain applications 202   Compensation for loss of office of managing or whole-time director or manager 203   Appointment of key managerial personnel 204   Secretarial audit for bigger companies 205   Functions of company secretary BACK