MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 12th September, 2018
G.S.R 875(E).— In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the
Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the
Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, namely:—
1. (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 .
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