Companies (Meeting of
Board & its Powers) Amendment Rules, 2015 :
Chapter 12 :
Removed requirement
of discussion of following items only by way of Resolution at the Board Meeting
:
1. to take note of appointment(s) or removal(s) of one level below the Key Management Personnel,
2. to take note of the disclosure of director’s interest and shareholding,
3. to buy, sell investments held by the company (other than trade investments), constituting five percent or more of the paid up share capital and free reserves of the investee company,
4. to invite or accept or renew public deposits and related matters ,
5. to review or change the terms and conditions of public deposit,
6. to approve quarterly, half yearly and annual financial statements or financial results as the case may be.
1. to take note of appointment(s) or removal(s) of one level below the Key Management Personnel,
2. to take note of the disclosure of director’s interest and shareholding,
3. to buy, sell investments held by the company (other than trade investments), constituting five percent or more of the paid up share capital and free reserves of the investee company,
4. to invite or accept or renew public deposits and related matters ,
5. to review or change the terms and conditions of public deposit,
6. to approve quarterly, half yearly and annual financial statements or financial results as the case may be.
Companies (Management
and Administration Rules) Amendment Rules, 2015 : Chapter 7:
'Voting through
electronic means'- substituted Rule 20 by defining few terms like cut off date,
electronic voting system, agency etc. and provided clarity on evoting at
General meeting venue etc.
Companies (Share
Capital and Debentures) Amendment Rules, 2015:
Chapter 4 :
It permits 45
days to listed companies to issue duplicate share certificates, authorisation
to any other person for signing share certificate even if the Company has
company secretary, changes in certain time periods, etc.
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