by AIP Online Bureau | Nov 15, 2022 | Eco/Invest/Demography, Indian News, Regulation
”In case a special resolution for the appointment of an independent director fails to get the requisite majority of votes, but the votes cast in favour of the resolution exceed the votes cast against the resolution, and the votes cast by the public shareholders...
by AIP Online Bureau | Dec 22, 2021 | Banking & Bancassurance, Indian News, Non-Life, Policy, Reinsurance
However, the ministry of finance has not selected any body for the IPO bound Life Insurance Corporation(LIC) which has provisions for two independent directors New Delhi:The government has appointed independent directors on board of various public sector insurance...
by AIP Online Bureau | Nov 14, 2021 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy
Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi makes all high-level appointments, including that of independent directors As per the Companies Act 2013, every listed public company shall have at least one-third of the total number of...
