Companies Act, 1956
PART-III
Provisions applicable to Parts I and II of this Schedule
1. he appointment and remuneration referred to
in Parts I and II of this Schedule shall be subject to approval by a resolution
of the shareholders in general meeting.
2. The auditor or the secretary of the company
or where the company has not appointed a secretary, a secretary in whole-time
practice shall certify that the requirements of this Schedule have been
complied with and such certificate shall be incorporated in the return filed
with the Registrar under sub-section (2) of section 269.]
Note :- The Principal Schedule was inserted by
the Companies (Amendment) Act, 1988 vide GSR No. 559(E) dated 10.06.98 and
subsequently amended vide -
(i) GSR 784 (E) dated
13.07.1988
(ii) GSR 723 (E) dated
18.09.1990
(iii) GSR 510 (E)
dated 14.07.1993
(iv) GSR
48 (E) dated 01.02.1994
(v) GSR 418 (E)
dated 12.09.1996
(vi) GSR 215 (E) dated
02.03.2000