1. Checklist of Compliances
S.No Particulars Applicable
section
Applicable
for Private or
Public
company
As per Companies Act 2013 Actions Required Due Dates
1 Number of Board
Meetings held during
the FY (Minimum Four)
173 Both The meeting of the board has to be held four
(4) times in a year in such a manner that not
more than one hundred and twenty (120)
days shall intervene between two
consecutive meetings of the board.
A meeting of the board shall be called
by giving not less than seven (7) days’
notice in writing to every director and
such notice shall be sent by hand
delivery or by post or by electronic
means.
1.04.2014
2 Dates Of Board
Meetings
3 AGM Held for FY ended 96 Both
4 Audit Committee 177 Public Co.* All Pub Co.'s with a atleast two Independent directors 31.03.2015
1.paid up share capital of Rs. 10 crores more
2. Having turnover of Rs. 100 Crores or more The Audit Committee shall consist of
at least 3 directors majority being IDs.3. aggregate o/s loans or borrowings or
debentures or deposit exceeding Rs. 50 crore
or more
5 Establishment of Vigil
Mechanism
177(9) Public Co.* Co.'s which accept deposit from public shall establish a vigil mechanism for
their directors and employees to
report their genuine concerns or
grievances.
The company
should
disclose the
details of
establishment
of such vigil
mechanism on
its website and
in the Board’s
report.
Co.'s which have borrowed money from
banks and public financial institutions in
excess of Rs. 50 crores
The vigil mechanism shall provide for
adequate safeguards against
victimization of persons who use such
mechanism.
6 Nomination &
Remuneration
Committee
178 Public Co.* Every Listed Company. The NRC shall consist of 3 or more
non-executive Directors out of which
not less ½ shall be IDs.
31.03.2015
Every Public Company having:
1. Paid up capital of Rs. 10 crores or more
2. Turnover of Rs. 100 crores or more