LMP Key Managerial Personnel by Dr. K R Chandratre 1st Edition April 2026

Key Managerial Personnel K R Chandratre 1st Edition April 2026

Key Managerial Personnel K R Chandratre 1st Edition April 2026

About the Book

An Authoritative Treatise on Directors, Managerial Remuneration & Corporate Accountability This book under the Selected Writings of Dr. K. R. Chandratre series offers an exhaustive and jurisprudence-rich analysis of the law governing key managerial personnel under Indian company law. Combining statutory interpretation with extensive case law, the book addresses some of the most complex and sensitive aspects of corporate governance.

Key Highlights

Managerial Remuneration: Comprehensive analysis of limits on managerial remuneration, remuneration in cases of loss or inadequate profits, sitting fees, remuneration for professional services, recovery and waiver of excess remuneration, and the impact of the Companies (Amendment) Act, 2017 and Schedule V.

Office or Place of Profit: Detailed examination of the statutory meaning scope, and consequences of holding an office or place of profit, including its treatment as a related party transaction and its distinction from directorial remuneration.

Directors: Appointment, Tenure & Removal: Authoritative coverage of appointment retirement by rotation, removal, resignation, casual vacancies, proportional representation, and appointment of independent directors, including compliance under SEBI LODR Regulations.

Duties, Disclosures & Disqualifications: In-depth discussion on disclosure of interest related party transactions, disqualification and vacation of office, and the interrelationship between sections 164 and 167 of the Companies Act, 2013

Liability & Relief: Exhaustive treatment of civil, criminal, and vicarious liability of directors liability for tax dues and corporate debts, contempt of courts and tribunals, relief under section 463, and the extent of protection available to independent and non-executive directors. Managing Director, Manager & Company Secretary: Clear exposition of their legal status,powers, remuneration, and accountability within the corporate framework

Supported by extensive Indian and English case law, this book is an indispensable reference for company secretaries, corporate lawyers, chartered accountants, directors, compliance officers, regulators, and advanced students of corporate law who seek authoritative guidance on governance, remuneration, and managerial responsibility

About The Author

Dr. K R Chandratre is a Practising Company Secretary of about 23 years’ standing. He has been associated with the profession of Company Secretary for over 45 years. Prior to entering the profession, he served for three vears as a Lecturer in Commerce and Accountancy at R. A. Podar College of Commerce & Economics, Mumbai.