SEBI has received 4,085 complaints on Corporate governance in four years
In the past four and a half years, the capital markets regulator SEBI has received 4,085 complaints alleging that 1,551 companies have violated corporate governance standards. Pankaj Chaudhary, minister of state for finance, stated in a written reply to the Rajya Sabha. Minister stated that of these
SAT Overturns Sebi’s Order on Brickworks
The Securities Appellate Tribunal (SAT) has overturned the Securities and Exchange Board of India's (SEBI) decision to cancel Brickworks Ratings' registration certificate (CoR), a leading rating agency.
Surge in Filings on MCA Portal Following January Revamp
Since the introduction of nearly 50 web-based forms with real-time verification in January, the Corporate Affairs Ministry's revamped portal has witnessed a notable increase in company filings. The ministry reported that between January 23 and June 1, over 530,000 filings have been recorded.
Delhivery Ltd. appoints Vivek Kumar as Company Secretary
Newly listed logistics company Delhivery Ltd has appointed Vivek Kumar as company secretary with effect from 1st June, 2023.
SEBI proposes unitholders council for REITs
The market regulator Securities and Exchange Board of India (SEBI) has put forward proposals to strengthen corporate governance norms for Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs).
Vinit Tanna resigns as the CS from Ajmera Realty & Infra India Ltd
Vinit Tanna has resigned from the post of Company Secretary and Compliance officer at Ajmera Realty & Infra India Limited effective May 15, 2023.
SAT ruling likely to facilitate the appointment of Independent Directors
In a significant ruling related to the appointment of an independent director by Nectar Life Sciences, the Securities Appellate Tribunal (SAT) has ruled against the Securities and Exchange Board of India (SEBI) and NSE. The SAT clarified that a special resolution is not necessary for appointing a di
Suneel M. Raje ceases to be Independent Director at Indo Amines
Suneel M. Raje ceases to be an Independent Director at Indo Amines Limited effective May 08, 2023.
Bhagwan Dass Narang, CMD, and Jyothi Prasad, ID resigned from Shivam Autotech
Bhagwan Dass Narang has recently resigned from his position as Chairman and Independent Director at Shivam Autotech Limited. He was serving on the boards of seven other companies, including Shivam Autotech Limited, Ovington Finance Private Limited, and Karvy Financial Services Limited, among others.
Rajiv Krishan Luthra, ceases as Non-Executive Independent Director at DLF Ltd
Rajiv Krishan Luthra has ceased as Non-Executive Independent Director from the Board of DLF Limited.