The following information is given as per audited accounts as on 31 st March, 2023 : Name Status Paid-up Capital (₹) No. of Debenture-holders No. of Shareholders Sun Ltd. Unlisted 125 Nil 1001 Moon Ltd. Listed 575 1001 1
CS Executive · Company Law · PYQS · December 2023
The following information is given as per audited accounts as on 31 st March, 2023 : Name Status Paid-up Capital (₹) No. of Debenture-holders No. of Shareholders Sun Ltd. Unlisted 125 Nil 1001 Moon Ltd. Listed 575 1001 11000 Neptune Ltd. Unlisted 9 1250 999 With respect to above answer the following: (ii) What is the minimum number of meetings to be held by SRC in a financial year.
Answer & Explanation:
As per SS-1, Stakeholders Relationship Committee shall meet as often as necessary subject to the minimum number and frequency prescribed any law or any authority or as stipulated by the Board. Under the regulation 20(3A) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 [SEBI (LODR) Regulations], the Stakeholders Relationship Committee shall meet at least once in a year.
Topics: Corporate Governance
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