Guide for Independent Directors Company law, SEBI Guidelines, Corporate Governance

Publisher:
| Author:
Sanjiv Agarwal I Ankita Agarwal
| Language:
English
| Format:
Paperback
Publisher:
Author:
Sanjiv Agarwal I Ankita Agarwal
Language:
English
Format:
Paperback

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ISBN:
SKU 9789390176601 Category
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Page Extent:
1550

Independent Directors require a special set of skills, attitude and mindset to act independently and take unbiased, neutral views on matters before them in the Board. In order to provide and invigorate basic knowledge in corporate laws, upgrade and evaluate the required skills of Independent Directors and to prepare a databank of such qualified and eligible persons, the rules necessitate to have a Data-bank in place. The Ministry of Corporate Affairs in consonance with Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019 and Companies (Appointment and Qualification of Directors) Amendment Rules, 2019, empanels Directors that are registered with them and have passed the Online Proficiency Self-Assessment Test. MCA has authorised the Indian Institute of Corporate Affairs (IICA) to maintain the Data-bank as well as conduct the Online Proficiency Self-Assessment Test.

This book covers the entire gamut of syllabus for the purpose of the Online Proficiency Self-Assessment Test. It has been divided into 4 parts and 36 chapters.

Part-I details Syllabus, scheme, scope and text of relevant Notifications.

Part-II encompasses 36 chapters covering over 1700 Multiple Choice Questions (MCQs) on all these topics including case studies. The chapters also contain the answer key for self-assessment.

Part-III contains the text of relevant provisions/extracts of Companies Act 2013, Company Rules, SCRA, SEBI guidelines etc.

Part-IV integrates extracts of Indian and International Corporate Governance Codes/ Guidelines for reference and further readings.

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Description

Independent Directors require a special set of skills, attitude and mindset to act independently and take unbiased, neutral views on matters before them in the Board. In order to provide and invigorate basic knowledge in corporate laws, upgrade and evaluate the required skills of Independent Directors and to prepare a databank of such qualified and eligible persons, the rules necessitate to have a Data-bank in place. The Ministry of Corporate Affairs in consonance with Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019 and Companies (Appointment and Qualification of Directors) Amendment Rules, 2019, empanels Directors that are registered with them and have passed the Online Proficiency Self-Assessment Test. MCA has authorised the Indian Institute of Corporate Affairs (IICA) to maintain the Data-bank as well as conduct the Online Proficiency Self-Assessment Test.

This book covers the entire gamut of syllabus for the purpose of the Online Proficiency Self-Assessment Test. It has been divided into 4 parts and 36 chapters.

Part-I details Syllabus, scheme, scope and text of relevant Notifications.

Part-II encompasses 36 chapters covering over 1700 Multiple Choice Questions (MCQs) on all these topics including case studies. The chapters also contain the answer key for self-assessment.

Part-III contains the text of relevant provisions/extracts of Companies Act 2013, Company Rules, SCRA, SEBI guidelines etc.

Part-IV integrates extracts of Indian and International Corporate Governance Codes/ Guidelines for reference and further readings.

About Author

Dr. Sanjiv Agarwal, M.Com, FCA, FCS, ACIS (UK), aged 57, is a fellow member of the ICAI and a fellow member of the ICSI besides being an associate member of the Institute of Chartered Secretaries and Administration, London (UK). He is also a post-graduate in Accountancy and Business Statistics from the University of Rajas-than, Jaipur. He has been awarded Doctorate of Philosophy for the title "A Conceptual Approach to Corporate Governance: Preparation for Global Interface" from R.A. Poddar Institute of Management, University of Rajasthan, Jaipur. Dr. Agarwal has over three decades of professional experience as a practicing chartered accountant with vast exposure in Service Tax, GST, corporate laws, corporate governance and financial services. He has in his credit a large number of published articles in various professional journals, websites and economic dailies on various subjects including Service Tax, GST, corporate laws and corporate governance. Ms. Ankita Agarwal, BBA, LLB (Hons) is a Bachelor of Business Administration and Bachelor of Law with honors from National Law School (NLU), Jodhpur. She has exposure to corporate laws and is presently engaged in the area of Insolvency Law in India. She has keen interest in company law and corporate governance and has many published articles to her credit.

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