Name of the Company : VELAN HOTELS LIMITED
Quarter ending on : 31-03-2012
Particulars |
Clause of Listing Agreement
|
Compliance Status Yes/No
|
Remarks
|
|
|
|
|
I Board of Directors |
49 I |
Yes |
|
(A) Composition of Board |
49(IA) |
Yes |
|
(B) Non-executive Directors’ Compensation & Disclosures |
49 (IB) |
Yes |
|
(C) Other Provisions as to Board and Committees |
49 (IC) |
Yes |
|
D) Code of Conduct |
(49 (ID) |
Yes |
|
II. Audit Committee |
49 (II) |
Yes |
|
(A)Qualified & Independent Audit Committee |
49 (IIA) |
Yes |
|
(B)Meeting of Audit Committee |
49 (IIB) |
Yes |
|
(C)Powers of Audit Committee |
49 (IIC) |
Yes |
|
(D)Role of Audit Committee |
49 II(D) |
Yes |
|
(E)Review of Information by Audit Committee |
49 (IIE) |
Yes |
|
III. Subsidiary Companies |
49 (III) |
N.A. |
|
IV. Disclosures |
49 (IV) |
Yes |
|
(A) Basis of Related Party Transactions |
49 (IV A) |
N.A. |
|
(B) Disclosure of Accounting Treatment |
49 (IV B) |
Yes |
|
(C) Board Disclosures |
49 (IV C) |
Yes |
|
(D) Proceeds from Public Issues, Rights Issues, Preferential Issues etc. |
49 (IV D) |
N.A. |
|
(E) Remuneration of Directors |
49 (IV E) |
|
Reported in the 21st Annual Report |
(F) Management |
49 (IV F) |
|
Reported in the 21st Annual Report |
(G) Shareholders |
49 (IV G) |
|
Reported in the 21st Annual Report |
V.CEO/CFO Certification |
|
|
Reported in the 21st Annual Report |
VI. Report on Corporate Governance |
49 (VI) |
|
Reported in the 21st Annual Report |
VII. Compliance |
49 (VII) |
|
Reported in the 21st Annual Report |