Independent Director- A Synopsis

Introduction An Independent Director is a non-executive director who does not have any kind of pecuniary relationship with the Company that may affect the independence of his/her judgment and helps the Company in improving corporate credibility and governance standards. Applicability On Appointing An Independent Director (ID) 1. As [...]

By |2020-02-09T04:34:02+00:00February 9th, 2020|Company Laws|0 Comments

Overview On Restricted Stock Unit-(RSU)

Restricted Stock Unit (RSU’s) are a commitment to give the value of a specific number of the Company’s shares in the future for which payment is not usually required. Generally, certain conditions, such as vesting, minimum years of employment, must occur before the holder of RSU’s can receive the [...]

By |2020-02-18T03:48:04+00:00January 24th, 2020|Company Laws|0 Comments

Highlights Of Revised Secretarial Standard-2

Exemption to Section-8 Company from complying with SS-1. The time period for which the notice of the meeting is to be published on the website of the Company has now been specified. Minimum period for hosting the Notice on the website of the Company is “till the conclusion” of [...]

By |2020-02-18T04:00:21+00:00January 24th, 2020|Company Laws|0 Comments

Highlights Of Revised Secretarial Standard-1

Exemption to Section-8 Company from complying with SS-1. Sending of Notices, Agenda and supplementary notes by way of courier is now restricted. Therefore, Companies cannot send the notice of meeting by courier. Where a Director specifies a particular means of delivery of Notice, the Notice shall be given to [...]

By |2020-02-18T04:01:37+00:00January 24th, 2020|Company Laws|0 Comments