https://www.taxtmi.com/circulars?id=58141 Amendments to Clause 49 revise corporate governance standards for equity listed companies: limited exemptions and a six month compliance window for companies newly subject to Clause 49; deferred applicability of the woman director provision; clarified tests and tenure rules for independent directors; mandatory disclosure of appointment terms and familiarisation programmes; prescribed composition and chairing rules for the Nomination and Remuneration and Risk Management Committees; tightened related party transaction policy with omnibus approval conditions and abstention rules; defined material subsidiary thresholds and shareholder approval requirements for loss of control or major asset disposals. en-us Mon, 15 Sep 2014 00:00:00 +0530 Mon, 10 Dec 2018 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58141 Amendments to Clause 49 revise corporate governance standards for equity listed companies: limited exemptions and a six month compliance window for companies newly subject to Clause 49; deferred applicability of the woman director provision; clarified tests and tenure rules for independent directors; mandatory disclosure of appointment terms and familiarisation programmes; prescribed composition and chairing rules for the Nomination and Remuneration and Risk Management Committees; tightened related party transaction policy with omnibus approval conditions and abstention rules; defined material subsidiary thresholds and shareholder approval requirements for loss of control or major asset disposals. Circulars SEBI Mon, 15 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58141