Corporate News October 2022 - Acquisory Bulletin
Chandni Ansari12 Dec, 2024Business
RBI amends Regulatory Framework for Asset Reconstruction Companies (ARCs) To strengthen transparency of ARC and to improve their corporate governance standards, the following measures are introduced: A. Measuresto Enhance Governance of ARCs • Chair of the Board to be an Independent Director, Quorum – 1/3 strength of the board or 3 directors, whichever is higher
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