https://www.taxtmi.com/news?id=20709 Proposed amendments strengthen corporate governance, disclosure and enforcement by requiring prior government approval for changes by certain registered companies; mandating dematerialisation for specified unlisted securities; imposing a duty on companies to identify and secure compliance from significant beneficial owners; refining NFRA's divisional structure; creating an Unspent CSR Account with timed spend obligations; tightening independent director independence assessments and resignation filings; expanding disgorgement and personal liability powers for fraud; empowering Tribunal fitness inquiries and providing for vesting and administration of dissolved company property by a Board of Administrators. en-us Tue, 06 Nov 2018 10:44:23 +0530 Tue, 06 Nov 2018 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20709 Proposed amendments strengthen corporate governance, disclosure and enforcement by requiring prior government approval for changes by certain registered companies; mandating dematerialisation for specified unlisted securities; imposing a duty on companies to identify and secure compliance from significant beneficial owners; refining NFRA's divisional structure; creating an Unspent CSR Account with timed spend obligations; tightening independent director independence assessments and resignation filings; expanding disgorgement and personal liability powers for fraud; empowering Tribunal fitness inquiries and providing for vesting and administration of dissolved company property by a Board of Administrators. News - Tue, 06 Nov 2018 10:44:23 +0530 https://www.taxtmi.com/news?id=20709