https://www.taxtmi.com/circulars?id=65485 The circular clarifies that omnibus approvals by an audit committee are subject to the one year limit under Regulation 23(3)(e). Shareholder omnibus approval for material related party transactions given at an Annual General Meeting is valid only until the next AGM and in no case for more than fifteen months. Omnibus approvals obtained in general meetings other than an AGM shall not exceed one year. Stock exchanges must notify listed entities and publish the circular. en-us Fri, 08 Apr 2022 00:00:00 +0530 Fri, 08 Apr 2022 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65485 The circular clarifies that omnibus approvals by an audit committee are subject to the one year limit under Regulation 23(3)(e). Shareholder omnibus approval for material related party transactions given at an Annual General Meeting is valid only until the next AGM and in no case for more than fifteen months. Omnibus approvals obtained in general meetings other than an AGM shall not exceed one year. Stock exchanges must notify listed entities and publish the circular. Circulars SEBI Fri, 08 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65485