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
Dr. S P Vasireddi to return as Executive Chairman of Vimta Labs
Effective from July 1, 2023, Dr. S. P. Vasireddi has been appointed as Executive Chairman of Vimta Labs Ltd. His term will be from July 1, 2023, to June 30, 2026. He is 75 years old and as per the Companies Act, 2013, his appointment as Executive Director & Chairman requires a special resolution
