Regulatory Alerts2021-01-01
Board of Directors Resolution No. (85) for 2021 (as per the Latest Amendment)
The Regulatory Authority's Board of Directors issued Resolution No. 85 of 2021 (as amended) to establish the mandatory eligibility conditions for board membership in companies under its supervision. This resolution standardizes qualification requirements to ensure effective oversight and governance compliance across regulated entities. It applies immediately to all companies subject to the Authority's regulatory framework, replacing prior eligibility criteria with updated statutory benchmarks.
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