Board of Directors

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All about Related Party Transactions – Part 3 (Voting and Approval))

Voting (Sec 188, Sec 184) The basic question anyone can raise now is that “Can a Related party vote?” If yes, in what circumstances? Listed Companies – RPs can’t vote (whether party to transaction or not) All Material RPTs shall require approval of the shareholders through a resolution (Regulation 23) Unlisted Public Companies – If …

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All about Related Party Transactions – Part 2 (Determination & Approval)

Determination of Related Party Transactions Related Party Transaction in the context of companies means transaction between the company and its related parties. Every transaction with related party is related party transaction, however, approval mechanism may be different and situational. Transactions with related parties need not always be disadvantageous to the parties concerned. The concern arises …

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NTPC

NTPC’s Board of Directors recommended a final dividend of Rs 3.15 per equity for FY 21

The Country’s largest power generator- NTPC Ltd., a Maharatna CPSU under Ministry of Power with a present group installed capacity of 65825 MW, declared the financial results for FY21 along with unaudited financial results for Q4 FY21 on Saturday. In FY21, NTPC group has recorded the highest ever gross generation of 314.07 Billion units as …

NTPC’s Board of Directors recommended a final dividend of Rs 3.15 per equity for FY 21 Read More »