Company Law : Explore the responsibilities and duties of an independent director in a company, including governance standards, risk management, ...
SEBI : Delve into India's corporate governance evolution since the 1991 economic crisis, focusing on the role of independent directors. E...
Company Law : Explore vital provisions related to independent directors under Companies Act 2013 & SEBI regulations. Learn about eligibility, ex...
Company Law : Detailed steps for appointment of independent directors under Companies Act 2013. From databank selection to statutory disclosures...
Company Law : Step-by-step requirements and actions to ensure a compliant and transparent process when an independent director tenders their res...
Company Law : ICSI requests amendments to Sections 204 & 149(6)(e)(ii)(A) of Companies Act,, to enable Company Secretaries in practice to be Ind...
Company Law : ICAI releases Technical Guide on the provisions of Independent Directors from Corporate Governance perspective Good Corporate Go...
Company Law : MCA on 28.09.2020, vide various circulars and notification extended the date of various schemes to 31.12.2020 which were launched ...
Company Law : Companies which do not have any of their Directors/Signatory details registered in the MCA2 1 system and who are desirous of filin...
Company Law : The concept of Independent Director has been proposed in the Companies Bill, 2009. Clause 147 of the Bill, provides for duties of ...
SEBI : Regulation 17(1A) is not applicable for the purpose of filling up a casual vacancy under Section 161(4) of the Companies Act. Reg...
Corporate Law : Sunita Palta & Ors. Vs. Kit Marketing Pvt. Ltd. (Madras High Court) Non-Executive Directors are, therefore, persons who are no...
Company Law : Read about the MCA penalty on Shareway Securities Limited for failing to appoint independent directors under Companies Act, 2013. ...
Company Law : The MCA penalizes Best & Crompton Engineering Projects Limited Rs. 7 lakh for failing to appoint independent directors as required...
Company Law : Explore the adjudication order against KHED DEVELOPERS LIMITED by the Office of the Registrar of Companies, Maharashtra. Penalties...
Company Law : The Ministry of Corporate Affairs (MCA) has imposed penalties on United Telecoms Limited for violations related to an Extraordinar...
Company Law : MCA levies penalties due to EGM notice non-compliance. Exploring the United Telecoms Limited case, Section 152 violation, and the ...
Step-by-step requirements and actions to ensure a compliant and transparent process when an independent director tenders their resignation.
Navigate the detailed checklist for appointing an independent director in a listed company, covering crucial steps, regulations, and compliance requirements under the Companies Act, SEBI, and Listing Regulations. Ensure a seamless and legally compliant appointment process with this comprehensive guide.
Explore roles, eligibility, and responsibilities of Independent Directors under Companies Act 2013. Dive deep into provisions shaping corporate governance.
The concept of independent directors brought about a significant shift in corporate governance, particularly following high-profile scandals such as the Enron case in the US and the Satyam controversy in India.
Read the adjudication order issued by the Ministry of Corporate Affairs (MCA) imposing penalties on Madhyam Agrivet Industries Limited for violating Section 173 of the Companies Act, 2013. The order highlights the company’s failure to provide relevant documents to independent directors and the resulting penalty. Find out the details of the case and the penalty imposed by the MCA.
Read about the penalty imposed on PTC India Financial Services Limited for violating Section 149 of the Companies Act, 2013 by denying requests from independent directors (IDs) for legal advice. Understand the findings of the case, the obligations of the company and its officers, and the penalty amount imposed. Discover the steps for compliance and the option for appeal.
This article offers an in-depth exploration of the Independent Director Data Bank (IDDB) in India, highlighting its purpose, key features, compliance requirements, and consequences of non-compliance.
Regulation 17(1A) is not applicable for the purpose of filling up a casual vacancy under Section 161(4) of the Companies Act. Regulation 17(1A) cannot be read in isolation.
Discover penalty imposed by MCA on Resonance Eduventures Limited for failing to appoint independent directors, as per Companies Act 2013. Learn about violation, penalties, and implications.
According to u/s 149(9) of companies act, an independent director shall not be entitled to any stock option and receive any remuneration by way of a fee provided under section 197 sub section 5, reimbursement of expenses for participation in a board and other meeting and profit related commission as may be approved by the members.
