https://www.taxtmi.com/acts?id=39699 The amendment to section 48 substitutes "directors" for "members" and replaces clause (aa) to require director disclosure of interests, Board consent conditions for related party transactions, specification of securities and instruments that may be issued, and rules for reservation and allotment in favour of life insurance policy holders in a public issue. New clauses (ha)-(hk) prescribe the manner and conduct of general meetings, quorum rules and adjournment procedures, attendance and voting methods, notice service, form and circulation of specified financial statements, matters under section 24C, auditor selection and appointment conditions, resignation disclosures by auditors, branch audit duties and related procedural details under section 28C. en-us Tue, 30 Mar 2021 15:56:22 +0530 Tue, 30 Mar 2021 15:56:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39699 The amendment to section 48 substitutes "directors" for "members" and replaces clause (aa) to require director disclosure of interests, Board consent conditions for related party transactions, specification of securities and instruments that may be issued, and rules for reservation and allotment in favour of life insurance policy holders in a public issue. New clauses (ha)-(hk) prescribe the manner and conduct of general meetings, quorum rules and adjournment procedures, attendance and voting methods, notice service, form and circulation of specified financial statements, matters under section 24C, auditor selection and appointment conditions, resignation disclosures by auditors, branch audit duties and related procedural details under section 28C. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 15:56:22 +0530 https://www.taxtmi.com/acts?id=39699