Remuneration of Independent Directors
Remuneration of Independent Directors. Subsection (9) of section 149 of the Companies Act 2013, expressly prohibits independent directors from gaining any stock options ( ESOP) Board Structure and duties Section 2 (10) of the Companies Act, 2013 defines the term...
Appointment & Compliance & Role of Corporate Social Responsibility
Committee for Corporate Social Responsibility Compliances – Under Sections Section Section 135 Every company having net worth of rupees 500 crore or more, or turnover of rupees 1,000 crore or more or a net profit of rupees 5 crore or more...
Appointment and Compliance of Stakeholders Relationship Committee
Board to appoint Stakeholders’ Relationship Committee Compliances – Under Sections Section 178(5) & (6) The board of a company which consists of more than one thousand shareholders, debenture-holders, deposit-holders and any other security...
Appointment and Compliance of Nomination and Remuneration Committee
Board to appoint Nomination and Remuneration Committee Compliances – Under Sections 178(1) & (4) The board to constitute the Nomination and Remuneration Committee. The Committee to comprise three or more non-executive directors out of which not...
Appointment Compliances and the Role of Audit Committee
Board to appoint Audit Committee Compliances – Under Sections 177(1) & (8) Audit committee is one of the pivotal committees responsible for the overall financial reporting/ controls/ compliances within the organization. Section 177 of the...Venkat Ramanujam’s Facebook Page
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