Limit on the number of Independent Directorships
Limit on the number of Independent Directorships According to section 165 of the Companies Act 2013, the maximum number of companies wherein a person can be appointed as a director shall not be more than 20 companies (including the alternate...
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 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...
Advantages of an Independent Director
Advantages of an Independent Director.. Overseeing KMP effectively External counsel and knowledge Zero material link to the corporate Networking and effective advisory role on Environmental and social governance Disadvantages of Independent Directors...Venkat Ramanujam’s Facebook Page
Venkat Ramanujam Sankar Ram
Industry Standards on “Minimum information
Revised Guidelines for RPT Publications | Venkat Ramanujam Sankar Ram
Revised Guidelines for RPT Publications ************* Starting September 1, 2025, the industry associations under the Indian Securities Forum (ISF) ASSOCHAM, FICCI, and CII along with the stock exchanges, will be required to implement the following: * Publish the Related Party Transaction (RPT) Indu...
Venkat Ramanujam Sankar Ram
USA jumbled in to Iran
USA jumbled in to Iran Israel war could affect India ?? | Venkat Ramanujam Sankar Ram
USA jumbled in to Iran Israel war could affect India ?? If the Strait of Hormuz is closed, India has limited alternatives to source crude from the Middle East. While Saudi Arabia and the UAE have crude oil pipelines for transportation, with a surplus capacity of around 2.5-3.0 mbd (million barrels p...
Venkat Ramanujam Sankar Ram
This is an unimaginable tragedy.
Air India confirms an accident involving Boeing flight AI171 from Ahmedabad to London Gatwick occurred today following take-off. The signal from the aircraft was lost at 08:08 UTC (13:38 local time) at 625 feet, less than a minute after take off. The flight, which departed Ahmedabad on 12th June 202...