https://www.taxtmi.com/acts?id=34199 Participation in share based employee benefit schemes is determined by the compensation committee. For institution nominated directors the nomination contract must state whether such grants may be accepted, prohibit renunciation in favor of the nominating institution, and specify conditions for accepting fees or incentives; the nominating institution must file the contract with the company, which must file it with listed stock exchanges, and the director must furnish a copy at the first board meeting attended after nomination. en-us Sat, 29 Dec 2018 13:11:25 +0530 Sat, 29 Dec 2018 17:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34199 Participation in share based employee benefit schemes is determined by the compensation committee. For institution nominated directors the nomination contract must state whether such grants may be accepted, prohibit renunciation in favor of the nominating institution, and specify conditions for accepting fees or incentives; the nominating institution must file the contract with the company, which must file it with listed stock exchanges, and the director must furnish a copy at the first board meeting attended after nomination. Act-Rules SEBI Sat, 29 Dec 2018 13:11:25 +0530 https://www.taxtmi.com/acts?id=34199