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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- When TDS on GST applied
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
