The Company, Secretary Profession has got wide recognition under different laws in India. SEBI has recognized the Company Secretary under different regulations of the SEBI (LODR) Regulations, 2015. In view of above, expl

CS Professional · Corporate Funding & Listings in Stock Exchanges · PYQS · June 2023
The Company, Secretary Profession has got wide recognition under different laws in India. SEBI has recognized the Company Secretary under different regulations of the SEBI (LODR) Regulations, 2015. In view of above, explain the recognition of the Company Secretary as the "Senior Management" of the company.

Answer & Explanation:

Regulation 16 (1) (d) of SEBI (LODR) Regulations, 2015 provides that "Senior Management" shall mean Officers/Personnel of the listed entity who are members of its core management team excluding the Board of directors and shall comprise all the members of management one level below Chief Executive Officer or Managing Director or Whole Time Director or Manager (including Chief Executive Officer and Manager, in case they are not part of the Board of Directors) and shall specifically include the functional heads and the Company Secretary and Chief Financial Officer.

Topics: Corporate Governance

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