India:
Ministry Of Corporate Affairs Exempts Experienced KMPs & Directors From Online Test On Appoint Of Independent Directors
To print this article, all you need is to be registered or login on Mondaq.com.
- The Ministry of Corporate Affairs
(MCA) has notified the Companies (Appointment and Qualification of
Directors) (Amendment) Rules, 2014 whereby it has clarified that an
individual shall not be required to pass the online self-assessment
test, when he has serves as director or KMP, for a period of not
less than 10 years
http://www.mca.gov.in/Ministry/pdf/rule_28022020.pdf
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from India
Private Equity And M&A In India: What To Expect In 2024?
Nishith Desai Associates
2023 was a year of unexpected headwinds, such as the hiking of interest rates by governments across the world, the banking sector instability in the US and Europe, the Russia-Ukraine and Israel-Hamas conflict, to name a few.
A Guide To Share Purchase Agreements
Gravitas Legal
Share Purchase Agreement is an agreement entered into between the buyer and seller(s) of shares of a target company. Usually Share Purchase Agreements entail that the buyer would be taking over...
Revisiting Representation And Warranty Clauses
Obhan & Associates
Clauses related to representations, warranties and indemnifications are widely negotiated clauses of commercial contracts especially in M&A transactions. The interests of the parties to a contract typically do not align with respect ...
