SEBI has amended SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017 which had laid down the framework for Schemes of Arrangement by Listed Entities and relaxation under Rule 19 (7) of the Securities Contracts (Regulation) Rules, 1957 vide Circular No.: CFD/DIL3/CIR/2018/2 dated January 03, 2018 Following are the amendments made by SEBI on January 03, […]
1. Condonation of Delay Scheme 2018 is applicable to all the Annual returns forms and Form ADT-1. 2. Condonation of Delay Scheme 2018 shall come into force with effect from January 01, 2018 and shall remain in force up to March 31, 2018 i.e. for a period of three months.
The Parliament has passed Companies (Amendment) Bill, 2017 to strengthen corporate governance standards, initiate strict action against defaulting companies and help improve ease of doing business in the Country.
The Nomination and Remuneration Committee have primary objective of: 1.Identify persons who are qualified to become directors of the Board and recommend the same to the Board. 2. Identify persons who may be appointed in senior management of the Company and recommend the same to the Board.
Stakeholder Relationship Committee is a committee of the Board of Directors established in accordance with the Company’s constitution and authorised by the Board to assist it in fulfilling its statutory, fiduciary and regulatory responsibilities.
The objective of the Corporate Social Responsibility Committee of the Board of Directors the Company shall be to assist the Board and the Company in fulfilling its corporate social responsibility
The Audit Committee’s role shall flow directly from the Board of Directors overview function on corporate governance; which holds the Management accountable to the Board and the Board, in turn, accountable to the shareholders. Acting as a catalyst in helping the organization achieve its objectives, the primary role of the Audit Committee is that of assisting the Board in overseeing the:-
