Is shareholder & remuneration committee mandatory under listing ?
Plz help
3 Replies
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 16 July 2010
No Remuneration Committee is the non mandatory requirement under clause 49 of the Listing Agreement.
However, Shareholders Committee is mandatory under Listing Agreement under Clause 49.
vivek
(CS)
(751 Points)
Replied 16 July 2010
Remuneration Committee is formed as per Schedule XIII but Shareholder Grivances Committee is requirement of Clause 49
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