CODE OF CONDUCT FOR DIRECTORS

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....all: a) not participate in discussions on any subject matter in which any conflict of interest exists or arises, whether pecuniary or otherwise, and in such cases the same shall be disclosed and recorded in the minutes of the meeting; b) not encourage the circulation of agenda papers during the meeting, unless circumstances so require; c) offer their comments on the draft minutes and ensure tha....

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....governing board or do not attend seventy five per cent. of the total meetings of the governing board in a calendar year. b) Public interest directors shall meet separately, at least once in six months to exchange views on critical issues. iii. Strategic planning. Every director of the depository shall: a) participate in the formulation and execution of strategies in the best interest of the de....

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.... d) not support any decision in the meeting of the governing board which may adversely affect the interest of investors and shall report forthwith any such decision to the Board. v. General responsibility. Every director of the depository shall: a) place priority for redressing investor grievances; b) endeavour to analyze and administer the depository issues with professional competence, fairn....