Chapter IV - OBLIGATIONS OF A LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND NON-CONVERTIBLE DEBT SECURITIES (From Regulation 15 to Regulation 48)
Chapter VA - CORPORATE GOVERNANCE NORMS FOR A LISTED ENTITY WHICH HAS LISTED ITS NONCONVERTIBLE DEBT SECURITIES (From Regulation 62B to Regulation 62Q)
Chapter VI - OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND EITHER NON-CONVERTIBLE DEBT SECURITIES OR NON-CONVERTBLE REDEEMABLE PREFERENCE SHARES OR BOTH (From Regulation 63 to Regulation 64)
Chapter VIA - FRAMEWORK FOR VOLUNTARY DELISTING OF NON-CONVERTIBLE DEBT SECURITIES OR NON-CONVERTBLE REDEEMABLE PREFERENCE SHARES AND OBLIGATIONS OF THE LISTED ENTITY ON SUCH DELISTING (From Regulation 64A to Regulation 64I)
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Chapter IV OBLIGATIONS OF A LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND NON-CONVERTIBLE DEBT SECURITIES
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Related party transaction rules require audit committee and shareholder approvals plus recurring public disclosures. Regulation 23 requires listed entities to adopt a board-reviewed policy on materiality for related party transactions, to obtain prior audit committee approval (to be granted only by independent directors) for all related party transactions and material modifications, and to secure prior shareholder approval by resolution for all material related party transactions and material modifications. The audit committee may grant time-limited omnibus approvals for repetitive transactions under defined criteria and must review such transactions periodically. Specified exemptions, subsidiary-related approval rules, ratification conditions, and recurring disclosure obligations to stock exchanges and on the entity website are mandated.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Related party transaction rules require audit committee and shareholder approvals plus recurring public disclosures.
Regulation 23 requires listed entities to adopt a board-reviewed policy on materiality for related party transactions, to obtain prior audit committee approval (to be granted only by independent directors) for all related party transactions and material modifications, and to secure prior shareholder approval by resolution for all material related party transactions and material modifications. The audit committee may grant time-limited omnibus approvals for repetitive transactions under defined criteria and must review such transactions periodically. Specified exemptions, subsidiary-related approval rules, ratification conditions, and recurring disclosure obligations to stock exchanges and on the entity website are mandated.
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