Time to untangle regulatory knots for directors’ remuneration

Jayant Thakur • December 14, 2022 / 10:18 IST

Payment of remuneration to directors is subject to unduly complex provisions, largely a hangover of old laws and patchwork amendments. It becomes worse for listed companies and loss-making but growing startups

Connection of remuneration with net profits is outdated and even wrong and could even tempt management to show higher profits. (Representative image)

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