The Stakeholders Relationship Committee free companies act 2013 notes



Posted on 09-04-2016        By ADMIN



The Stakeholders Relationship Committee free companies act 2013 notes

 The Stakeholders Relationship Committee  

Section 178 (5) of the Companies Act, 2013 provides for constitution of the Stakeholders Relationship Committee .  

The Board of a company that has more than one thousand shareholders, debenture-holders, deposit-holders and any other security holders at any time during a financial year is required to constitute a Stakeholders Relationship Committee consisting of a chairperson who shall be a non-executive director and such other members as may be decided by the Board.  

The Stakeholders Relationship Committee shall consider and resolve the grievances of security holders of the company.  



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