Draft Format of Certificate of Non-Disqualification of Directors

Draft format for certificate under 10(i) of Part C of Schedule V of the SEBI (LODR) Regulations, 2015

According to SEBI LODR (fourth amendment) Regulation, which is effective from April 1, 2019, Every Listed Company is required to take a certificate from a Company Secretary in practice that none of the directors on the board of the company have been debarred or disqualified from being appointed or continuing as directors of companies by the Board/Ministry of Corporate Affairs or any such statutory authority as per  item 10(i) of Part C of Schedule V of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015.

Author want to share suggestible format for the above compliance.

Draft Format 

CERTIFICATE OF NON-DISQUALIFICATION OF DIRECTORS

(As per clause C of Schedule V of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 read with regulation 34(3) of the said Listing Regulations).

To

The Members,

________________ Limited

As required by item 10(i) of Part C of Schedule V of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 we certify that none of the directors on the board of ______________ Limited have been debarred or disqualified from being appointed or continuing as directors of companies by the SEBI/Ministry of Corporate Affairs or any such statutory authority.

For xyz Associates

Company Secretaries

Sd/-

Name of PCS

Membership No:

CP No: