https://www.taxtmi.com/acts?id=39395 Amendments vest the superintendence and direction of LIC in a Board of Directors with defined composition and governance mechanisms, introduce director qualifications, disclosure and related party controls, and reframe membership into shareholder rights including issuance, transferability and recognition of equity, voting and register requirements to align LIC's corporate, financial reporting, audit and meeting procedures with securities listing obligations and enable an initial public offering. en-us Mon, 01 Feb 2021 19:37:01 +0530 Thu, 04 Feb 2021 15:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39395 Amendments vest the superintendence and direction of LIC in a Board of Directors with defined composition and governance mechanisms, introduce director qualifications, disclosure and related party controls, and reframe membership into shareholder rights including issuance, transferability and recognition of equity, voting and register requirements to align LIC's corporate, financial reporting, audit and meeting procedures with securities listing obligations and enable an initial public offering. Act-Rules Bills Mon, 01 Feb 2021 19:37:01 +0530 https://www.taxtmi.com/acts?id=39395