SEBI’s Turn out on Defaults on Payment of Interest /Repayment of Principal Amount on Loans From Banks / Financial Institutions by Listed Entities Default occur when borrower is unable to make timely payments or avoid to make payments which ultimately lead to failure to meet the legal obligations (or conditions) of a loan. In this […]
AS PER COMPANIES ACT, 2013 Who Is Related Party? As per Section 2(76) Related party with reference to a company, means— Director or his relative; Key managerial personnel or his relative; Firm – in which a director, manager or his relative is a partner; Private Company – in which a director or manager or his […]
Independent Director in relation to a company, means director mentioned under Section 149(6) of Companies act, 2013. Since past many years, it has been seen that, when any of listed or unlisted entities are on the verge of danger or are getting effected due to some or other reasons and the directors of that respective […]
