Search results
5 days ago · Provided that such policy shall be placed on the website of the company, if any, and the salient features of the policy and changes therein, if any, along with the web address of the policy, if any, shall be disclosed in the Board's report.
THE COMPANIES ACT, 2013 _____ ARRANGEMENT OF SECTIONS Last update-29-7-2022 _____ CHAPTER I PRELIMINARY SECTIONS 1. Short title, extent, commencement and application. 2. Definitions. CHAPTER II INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO 3. Formation of company. 3A. Members severally liable in certain cases. 4. Memorandum. 5.
Apr 11, 2014 · Nomination and Remuneration Committee (NRC) and Stakeholders Relationship Committee (SRC) under Sec.178 of the Companies Act,2013. Introduction: The Companies Act, 2013 and corresponding rule, Companies (Meetings of Board and its Powers) Rules, 2014 has mandated the constitution of Nomination and Remuneration Committee and Stakeholders ...
In case of section 8 company - Section 178 shall not apply - Notification dated 5th june, 2015. 2. In case of Government company- Sub-sections (2), (3) and (4) of Section 178, shall not apply except with regard to appointment of 'senior management' and other employees.
SECTION 178. NOMINATION AND REMUNERATION COMMITTEE AND STAKEHOLDERS RELATIONSHIP COMMITTEE [Effective from 1st April, 2014] EXEMPTIONS Section 178 shall not apply to a Section 8 Company, vide Notification No. 466(E) dated 5th June, 2015.
(8) In case of any contravention of the provisions of section 177 and this section, the company shall be punishable with fine which shall not be less than one lakh rupees but which may extend to five lakh rupees and every officer of the company who is in default shall be 4 [liable to a penalty of five lakh rupees and every officer of the ...
Jul 4, 2024 · Section 178 of The Companies Act, 2013 Nomination and remuneration committee. 19. (1)The board of directors the nomination and remuneration committee as follows: (a) the committee shall comprise of atleast three directors ; (b) all directors of the committee shall be non-executive directors; and (c) at least fifty percent of the directors shall ...
Aug 23, 2014 · The Companies Act, 2013. Chapter-XII Meetings of Board and Its Powers. Section 178: Nomination and Remuneration Committee and Stakeholders Relationship Committee. *178.
Sep 4, 2023 · Chapter XII (Sections 173 – 195) of the Companies Act, 2013 (CA 2013) deals with the provisions related to meetings of board and its powers. Section 178 of CA 2013 provides for Nomination and Remuneration Committee and Stakeholders Relationship Committee.
Section 178, of The Companies Act 2013. 178. (1) The Board of Directors of 4 [every listed public company] and such other class or classes of companies, as may be prescribed shall constitute the Nomination and Remuneration.
