Schedule v of companies act, 2013

priyanka manawat (service) (138 Points)

28 March 2015  

Dear all

Greetings of the day.

My question is :

SEBI imposed a fine of Rs. 25000 in the year 2010 on our Company and our Managing Director for non-compliance of Insider Trading Disclosures.

Can we re-appoint our Managing Director this year if he was imposed a fine in the year 2010 by SEBI. Kindly guide on how to comply with Part I of Schedule V in this case