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          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.

          <h1>Compensation committee oversight required to administer share based and sweat equity schemes and ensure securities law compliance.</h1> A company must constitute a compensation committee to administer share based employee benefit and sweat equity schemes, delegating administration to a trust where applicable; membership must follow listing regulation board composition and the committee may be the nomination and remuneration committee. The committee must formulate detailed scheme terms per Part B of Schedule I and adopt policies to prevent violations of securities laws, including insider trading and unfair trade practice rules, applicable to the trust, company and employees.

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