OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS INDIAN DEPOSITORY RECEIPTS - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS INDIAN DEPOSITORY RECEIPTS - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Regulation 62N - Obligations with respect to independent directors
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Chapter VA CORPORATE GOVERNANCE NORMS FOR A LISTED ENTITY WHICH HAS LISTED ITS NONCONVERTIBLE DEBT SECURITIES
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Independent director appointment and governance rules require special resolution approval and annual independence declarations. Regulation 62N requires that appointments and tenure of independent directors follow the Companies Act and obtain shareholder approval by special ... Summary
Independent director appointment and governance rules require special resolution approval and annual independence declarations.
Regulation 62N requires that appointments and tenure of independent directors follow the Companies Act and obtain shareholder approval by special resolution, prohibits alternate directors, mandates at least one annual independent directors' meeting to review board and chairperson performance and information flow, requires periodic independence declarations verified by the board, confines director liability to acts with knowledge, consent or lack of diligence, mandates director familiarisation programmes and Directors and Officers insurance, and includes a post resignation restriction on appointment to executive roles within the group.
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