State the relevant provisions in each of the following situations as per to the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) [SEBI (LODR)] (Third Amendment) Regulations, 2021 vide

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · December 2023
State the relevant provisions in each of the following situations as per to the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) [SEBI (LODR)] (Third Amendment) Regulations, 2021 vide SEBI notification dated 31st August 2021 effective from 1st January 2022. (i) Time Period required for approval of shareholders for the appointment of a person on the Board of Directors for a listed entity.

Answer & Explanation:

The listed entity shall ensure that approval of shareholders for appointment of a person on the Board of Directors is taken at the next general meeting or within a time period of three months from the date of appointment, whichever is earlier. [Regulation 17(IC)] - New Insertion.

Topics: SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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