Whether the variable pay of a managing director(who retired in July 2020)can be curtailed or limited under the Companies Act on account of near about 3 months of financial loss suffered by the company(because of COVID and the appraisal cycle ends in June 2020 for the company) when the company gained adequate profit in the previous financial year.
From India, Hyderabad
Promoted: XLRI Executive Development Program In Human Resource Management
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