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Welcome to **CWG for BCOM**!
In this lecture, we cover **Section 197** and **Schedule V** of the **Companies Act, 2013**, which deal with **Remuneration to Directors**. This is a vital part of **Company Law** for understanding how directors are compensated, especially when profits are inadequate or absent. Perfect for **BCOM, BBA, CA, CS, and CMA** students.
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### **What You’ll Learn in This Video:**
Maximum Limits of Managerial Remuneration
Remuneration in Case of Adequate and Inadequate Profits
Provisions of **Schedule V – Part II**
Role of Shareholders, Board, and Government Approval
Applicability to Managing Director, Whole-Time Director, and Manager
Penalties for Excess Payment
Real-life Examples + Exam-Oriented Explanation
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### **Ideal For:**
BCOM & BBA Students
CA Foundation / CS Executive / CMA Aspirants
Students Preparing for 2025–26 University Exams
Anyone Interested in Corporate Governance & Director Laws
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### **Boost Your Preparation with CWG for BCOM:**
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