(1) These rules may be called the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2018.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014,
(i) in rule 6,
(a) for the heading ‘application to the Central Government’ the heading ‘Parameters for consideration of remuneration’ shall be substituted.
(b) the words ‘Central Government’ shall be omitted .
(ii) in rule 7, sub-rule (2) shall be omitted
(iii) for form no.MR-2, the following form shall be substituted “Form No. MR-2 [Pursuant to section 196 and Schedule V of the Companies Act 2013 and Rule 7 of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014] Form of application to the Central Government for approval of appointment of managing director or whole time director or manager Form language o English o Hindi Refer instruction kit for filing the form.
1. (a) *Corporate identification number (CIN) of the company
(b) Global location number (GLN) of the company