SEBI has amended provisions pertaining to ‘Related Party’ and ‘Related Party Transactions’ vide notification of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Sixth Amendment) Regulations, 2021 on 9th November, 2021 for better transparency, strengthening corporate governance practices and reporting of related party transactions. They shall come into force with effect […]
Compliance related to Maintenance of Databank of Independent Directors by Institute notified by Central Government Section 150 of the Companies Act, 2013 deals with manner of selection of Independent Directors and maintenance of databank for Independent Directors wherein institute for creation and maintenance of databank be notified by Central Government. Ministry of Corporate Affairs notified […]