2014 · Q80
Which of the following statements about the detailed corporate governance norms for listed companies issued in April, 2014 by SEBI is/are correct?
- 1It provides for stricter disclosures and protection of investor rights, including equitable treatment for minority and foreign shareholders.
- 2Under the new norms listed companies are required to provide the option of facility of e-voting to shareholders on all resolutions proposed to be passed at general meetings.
Select the correct answer using the codes given below. Codes:
current-eventseconomy-news
- AOnly 1
- BOnly 2
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
SEBI's April 2014 norms provided stricter disclosures with equitable treatment of minority and foreign shareholders and mandatory e-voting on all resolutions - both statements are correct.