Key Provisions Of Listing Agreement

12. Significant work problems and proposed solutions. Any significant development in human resources and labour relations, such as the signing of a collective agreement, the implementation of the voluntary pension scheme, etc. Other provisions for transactions with related persons, Clause 49 of the Listing Agreement, apply to companies that wish to be listed on the stock market. This clause contains both binding and non-binding provisions. The main binding provisions are: The main provisions of Article 49 and Article 2013 are summarized as follows for a quick overview: The basic document that is exported between the company and the stock exchange (when the shares of the company are listed on the stock exchange) is the listing contract. It is like an employment contract in which the broker is hired to represent the client, but no real estate is transferred between the two. (c) ensure that the electronic submission of CFDS information is carried out in accordance with a clause in the rating agreement within the time frame set out in the respective clause of the rating agreement. The list means the admission of securities to trading on a recognized exchange. There are separate listing departments that issue the listing authorization of corporate securities in accordance with the provisions of the Securities Contracts (Regulation) Act, 1956, Securities Contracts (Regulation) Rules, 1957, Companies Act, 1956, Guidelines issued by SEBI and Rules, Bye-Laws and Regulations of the Exchange. Companies that enter into this agreement with the Stock Exchange must provide certain information and perform certain acts. The ad services monitor compliance with the agreement. Sections 53 and 54 are a new clause that provides that, when it enters into an agreement with the media company, the company is required to inform the stock exchange.

The company is required to maintain its website functional with basic information about the company, business details, financial performance, participation models, respect for corporate governance, contact information, electronic identifier of the compliance officer, etc. 15. Non-compliance with legal, legal or listing obligations and shareholder benefits, such as dividends paid, delays in the transfer of shares, etc. “Corporate governance aims to maintain a balance between economic and social objectives and between individual and local objectives. The governance framework is intended to promote the efficient use of resources and to require responsibility for the management of these resources. The aim is to coordinate the best interests of individuals, businesses and society. -Sir Adrian Cadbury, UK, Commission Report: Corporate Governance 1992 The fundamental criterion on which the entire list of agreements is based is corporate governance. Currently, there are 54 clauses in the list agreement and all on the basis of that concept. In addition, there is a clause dealing specifically with corporate governance, namely: Clause 49.

Listing involves the admission of securities to trading on a recognized exchange. Securities can be limited companies, central or state governments, quasi-state institutions and other financial institutions/capital companies, municipalities, etc. The main objectives of the listing are: – the provision of liquidity to the securities; Mobilizing savings for economic development; Protect the interests of investors by ensuring full disclosure. A company wishing to contribute its securities on the stock exchange is required to apply in the form prescribed on the Stock Exchange prior to the issuance of the prospectus by the Company, if the securities are issued by prospectus or before the issuance of the “offer to sell” when the securities are issued by offer of sale.

2020年12月11日 10:38 PM   未分類