Current affairs 2020 questions 5140

By | January 29, 2020

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What is the deadline to separate roles of chairman and MD in top 500 companies, as per the recent directions of SEBI?




April 1st,2020




April 1st,2021




April 1st,2022




April 1st,2023
Explanation: (Please report incorrect explanation in the comment section) 

As per SEBI norms, the top 500 listed entities by market capitalisation had to separate the roles of chairman and MD or CEO with effect from April 1, 2020 earlier. Money Corporate GovernanceMarket regulator Securities and Exchange Board of India (SEBI) has extended the deadline by two years till April 2022 for companies to comply with its directive to separate the roles of chairman and

SEBI extends deadline to separate chairman, MD roles for top

Sebi has asked all listed companies to appoint separate individuals to the posts of chairman and managing director by April 1, 2020. Also, the chairman, who will have a non-executive role, should not in any way be related to the managing director or the CEO. This rule, however, does not apply to companies with no identifiable promoter.

SEBI: Latest SEBI News and Updates, SEBI Announcements - The

75% of top 500 firms have separate chairman, MD posts: Tyagi 20 Nov, 2019, 09.03PM IST. The watchdog has asked listed companies to split the post of chairman and managing director. The norm would be effective from April 1 next year.

JULIE TYAGI - The Economic Times

The AAR, Maharashtra, in two recent rulings, said that these companies do not need a separate registration in each state and that a registration where their headquarters are located would be enough. These firms can sell products in different states and raise invoices against their head offices, it ruled.

Get the News Articles and News Stories for September, 2012. Find What happened in News for September, 2012. Explore the Daily News and News Archives Sitemap for latest news & news videos includes India, South India, News from Indian Cities, Sports News Highlights and World News Headlines.

News Articles & Stories for September, 2012: Daily - NDTV

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