Question
As per SEBI (LODR) Regulations, 2015, what is the
maximum number of listed companies in which an individual can serve as a director (effective from April 1, 2020)?Solution
The rules governing the maximum number of directorships are as follows: • An individual can hold directorships in a maximum of 20 companies overall. • Out of these, not more than 10 can be in public companies. • Further, under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, based on the Uday Kotak Committee recommendations, the cap for directorships in listed companies was restricted to 7, effective April 1, 2020 (for the top 500 listed entities by market capitalization). This regulation ensures better governance, accountability, and prevents over-boarding by directors in multiple listed firms.
What is the maximum number of hours an adult worker can be required to work in a week under the Code on Wages, 2019?
Which of the following is not a form of “out of court” settlement?
Consider the following statements regarding Section 79 (Intermediaries) of the IT Act, 2000:
Statement 1: Intermediaries are exempt from liabilit...
For what period does the Vice President of India hold office?Â
A company may advance any loan including any loan represented by a book debt, or give any guarantee or provide any security in connection with any loan ...
As laid down under the Companies Act, 2013 _______________ shall not be used by the company for any purpose other than repayment of deposits
Consider the following about corporate liability under Section 16:
1. Person directly in charge of company business deemed guilty along with comp...
'A' a soldier, fires on a mob by the order of his superior officers in conformity with the commands of the law. A has committed no offence, his defense...
Which of the following statements about arrest without warrant under BNSS, 2023 is correct?
Which of the following is not a Public document as per BSA?
Relevant for Exams:
