Thank u for reply,
Pls give your comment on below matter
Madam,
on reading below paras of Listing Agrmt. we can come to conclusion that, if authority of
transfer is delegated then no mandatory meeting of sh.griv.comt. is required during the year.
(iii) A board committee under the chairmanship of a non-executive director shall be formed to
specifically look into the redressal of shareholder and investors complaints like transfer of
shares, non-receipt of balance sheet, non-receipt of declared dividends etc. This Committee
shall be designated as ‘Shareholders/Investors Grievance Committee’.
(iv) To expedite the process of share transfers, the Board of the company shall delegate the
power of share transfer to an officer or a committee or to the registrar and share transfer
agents. The delegated authority shall attend to share transfer formalities at least once in a
fortnight.
With Regards,
Shrikant
On Mon, 06 May 2013 12:58:44 +0530 wrote
>I am not finding any specific no. of meeting of shareholder grievance to be held in the
financial year, mentioned in the Listing Agreement.
On Mon, May 6, 2013 at 12:13 PM, shrikant sindgikar wrote:
Dear All,
Please inform is it mandatory to hold at least one meeting of Shareholders Grievance comt. in
the
financial year, consequences of not holding as there is no duplicate/remat/split of shares
raised
during the year and transfer work delegated to RTA, normal complaints replied by compliance
officer.
With Regards,
Shrikant