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INFY » Topics » Minimum Remuneration:

This excerpt taken from the INFY 20-F filed Apr 26, 2005.

Minimum Remuneration:

 

Notwithstanding anything herein above contained, in the event of absence of any profits or inadequacy thereof during any Financial Year, the Director may be paid remuneration by way of Salary, Allowances and Perquisites not exceeding the maximum limits prescribed under Schedule-XIII of the Companies Act, 1956 or any Statutory modification thereof.

 

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