How to enroll on independent director’s data bank and pass examination for independent director My article is related to preparation of exam of independent director. In this article I am trying to help my Profession colleagues or others who want to pass their exam and wish to add his/her name in the database of independent […]
My article is related to transfer and transmission of shares. In this article I will explain the related provisions of companies Act, 2013 and SEBI (LODR) Regulation, 2015. Before come to the provisions, we need to understand the basic difference between transfer and transmission of shares. Transfer of Shares – Transfer of shares is a […]
Others Sites Links 1. Need of Corporate Governance Today time corporate governance has received increased attention because of high-profile scandals involving abuse of corporate power or alleged criminal activity by corporate officers. Therefore, laws and regulations have been passed to address the components of corporate governance. Organizations have Duties and responsibilities towards their shareholders and […]
As per section 177 of Companies Act, 2013 and Rule 6 of Companies (Meetings of Board and its Powers) Rules, 2014, following companies are required to constitute an Audit Committee: (i) All Listed Companies; or (ii) The Public Companies having paid up share capital of 10 Cr rupees or more; or (iii) The Public Companies […]
Transfer of Unclaimed shares to Investor Education and protection fund (IEPF) (if condition fulfilled) (A) Manner of Dealing with Unclaimed Shares (Regulation 39(4) read with Schedule VI of SEBI (LODR) Regulations, 2015) The listed entity shall comply with the following procedure while dealing with securities which remain unclaimed and/or are lying in the escrow account. […]
Section 101 and 96 of Companies Act, 2013 read with Companies (Management and Administration) Rules, 2014, Secretarial Standard on General Meetings (SS-2) and SEBI (LODR) Regulation, 2015 Major points to be focused while making notice of Annual general meeting 1) Approval of the Board is necessary for the issuance of the Notice of AGM including […]
All Summarized Provisions of Financial results for entities which has listed its specified securities in Exchange Financial Results (Regulation 33 of SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 1. Time Limit of submission of Audited/ Unaudited Financial Results to Stock Exchange Quarterly/Annual Results Time Limit Limited review/Audit Report Quarterly […]
Why Need Registrar and Share Transfer Agent? In the current fast-paced investment environment, mutual fund investors, publicly-traded companies, and financial institutions have multiple investors who perform a number of transactions in a day like buy, sell or switch of share units and also require accurate records or information regarding the same. It is imperative that […]
