Regulation 9 ,requires a listed entity to frame a policy for preservation of documents approved by its board of directors, classifying them into the documents that can be preserved permanently or can be preserved for a period of not less than eight years after completion of the relevant transactions. What types of documents are covered under this regulation??
Regulation 46 (3) requires listed entity to update any change in the content of its website within two working days from the date of such change in content. Whether change in the content of website means any change on the website?Click here to view / answer Share it on
Regulation 23 (4) provides that all material related party transactions shall require approval of the shareholders through resolution and no related party shall vote to approve such resolutions whether the entity is a related party to the particular transaction or not. In this regard, whether only those related parties who are related to the concerned transaction/ contract should not vote to approve or whether related parties should altogether not vote to approve such transaction?Click here to view / answer Share it on
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As per Reg 17 ameded via SEBI(LODR)(Amedment) Regulation,2018 the Board of Directors of Top 1000 listed entities shall have at least one independent woman director by April 1, 2020.
An Explanation to this regulation says that top 1000 listed entities shall be determined on the basis of market capitalization at the end of the immediate previous financial year.
My query is, one of our client company(BSE Listed) was not in the list of top 1000 at the end of the financial year ended on 31.03.2019 but said the company is in the list of top 1000 companies as on 31-03-2020, which is issued by BSE in the second week of April,2020.
So, by which date they need to appoint independent women director?
Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 due to the CoVID -19 virus pandemic
Will the X Company will be an affiliate of Y Company if Y Company holds 50% shares in X Company ?
Companies Act and LODR doesn't define the term affiliate.
Request to accord views please.
Can the Board of a Listed entity declare Interim Dividend if the same is not covered in the Agenda of the Board meeting?Click here to view / answer Share it on
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