Central Government or company to fix limit with regard to remuneration
Section 200 of the Companies Act, 2013 deals with central Government or company to fix limit with regard to remuneration. Notwithstanding anything contained in this Chapter, a company may, while according its approval under section 196, to any appointment or to any remuneration under section 197 in respect of cases where the company has inadequate or no profits, fix the remuneration within the limits specified in this The Act came into force on 01 Apr 2014.
Notwithstanding anything contained in this Chapter, 2*** a company may, while according its approval under section 196, to any appointment or to any remuneration under section 197 in respect of cases where the company has inadequate or no profits, fix the remuneration within the limits specified in this Act, at such amount or percentage of profits of the company, as it may deem fit and while fixing the remuneration, 1*** the company shall have regard to--
(a) the financial position of the company;
(b) the remuneration or commission drawn by the individual concerned in any other capacity;
(c) the remuneration or commission drawn by him from any other company;
(d) professional qualifications and experience of the individual concerned;
(e) such other matters as may be prescribed.
Section 200, The Companies Act, 2013 (Act 18 of 2013).
Cross-references
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Made under this section, and citing it
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Questions about Section 200
What does Section 200 of the Companies Act deal with?
Section 200 of the Companies Act is headed "Central Government or company to fix limit with regard to remuneration". Notwithstanding anything contained in this Chapter, a company may, while according its approval under section 196, to any appointment or to any remuneration under section 197 in respect of cases where the company has inadequate or no profits, fix the remuneration within the limits specified in this
How do I find court cases under Section 200 of the Companies Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Companies Act 200, section 200 Companies Act, section 200 of the Companies Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 200 of the Companies Act, and has it changed?
Its own text turns on section 196 (Appointment of managing director, whole-time director or manager), section 197 (Overall maximum managerial remuneration and managerial remuneration in case of absence or inadequacy of profits), so none of them can safely be read on its own. The rules and notifications made under it are where it actually bites, and there are 2: most recently G.S.R. NO. 41(E) Companies Appointment and Remuneration of Managerial Personnel Amendment Rules 2023 dated 19.01.2023 (2023), then Chapter XIII- The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. (2014).
When did Section 200 of the Companies Act come into force?
Section 200 of the Companies Act, cited as Companies Act 200, came into force on 01 Apr 2014, having been enacted on 29 Aug 2013. It is in force as at the date shown on this page.
Other sections of this Act
- 2. Definitions5089 words
- 143. Powers and duties of auditors and auditing standards1867 words
- 230. Power to compromise or make arrangements with creditors and members1432 words
- 232. Merger and amalgamation of companies1416 words
- 149. Company to have Board of Directors1403 words
- 217. Procedure, powers, etc., of inspectors1390 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 15 Oct 2026. This page is not a substitute for legal advice.