The Securities and Exchange Board of India (SEBI) has decided to put in place a new system vide circular dated April 5, 2018 for monitoring the foreign investment limits in order to facilitate the listed Indian companies to ensure compliance with the various foreign investment limits as the onus of compliance rests on these companies.
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- Extension in the due dates for conducting Board Meetings through Video Conference/OAVM for restricted items
- Clarification on passing of ordinary and special resolution(s)
- Applicability of CARO deferred
- Amendment in Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020
- Amendment in Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020
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