listing agreement
This query is : Resolved
22 December 2010
Clause 19 of the Listing Agreement requires prior notice of atleast 2 working days of the Board Meeting at which the recommendation or declaration of a dividend or convertible debentures or of debentures carrying a right to subscribe to equity shares or the passing over of the dividend or the issue of right is due to be considered.
In case we have given an intimation to the SE that the Board Meeting is to be held to consider any of the aforesaid specified items of nusiness, then 15 minutes of the conclusion of the BM,the decision taken has to be communicated to the SE by phone, fax, telegram, e-mail (cmlist@nse.co.in).
To sum up, Clause 19 peratins to intimation of the BM where as Clause 20 requires intimation of the decision taken at BM.
God Bless
Udit Sharma
In case we have given an intimation to the SE that the Board Meeting is to be held to consider any of the aforesaid specified items of nusiness, then 15 minutes of the conclusion of the BM,the decision taken has to be communicated to the SE by phone, fax, telegram, e-mail (cmlist@nse.co.in).
To sum up, Clause 19 peratins to intimation of the BM where as Clause 20 requires intimation of the decision taken at BM.
God Bless
Udit Sharma
Message likes :
1 times
22 December 2010
Clause 19 : Notice to hold the BM
Clause 20 : Notice of conclusion or business done in the said BM
Clause 20 : Notice of conclusion or business done in the said BM
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- ITR selection for salaries and capital gain less than L
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
