Sir, Suppose Delhi urban transport service Ltd.  Whose total authorised and paidup capital is 10,00,000 shares @Rs.10 each total 1 crore rupees. Share holding pattern suppose to be 500000 shares held by Delhi Muncipal corporation and balance 500000 shares held by Delhi Development Authority . My question is Delhi Urban Transport Ltd. Considered as Govt. Company ? And who shall appoint the Auditor of the said company ?
ANSWERED Ravi answered January 3, 2019     Category:
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 Companies Act V/s SEBI (LODR): Dear Sir, I found similar provisions regarding the Nomination and remuneration committee, Stakeholders Relationship Committee, Related party transactions, independent director and Vigil mechanism etc. in the SEBI (LODR) regulations as well as in the Companies Act. So my query is which one will prevail or override or supersede? also when these areas are already governed by the Companies Act, then what is the need of separate SEBI regulations? Thank You.
ANSWERED Ravi answered April 3, 2017     Category:
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