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Director Report - An overview

Corporate Laws / Banking / SEBI / LLP - By: - CA Akash Phophalia - Dated:- 14-6-2015 - An introduction The Board Report or Director Report is an attachment to financial statement of every company. The report containing the comments and remarks of Board of Directors on various companies matters is termed as Board Report or Director Report. Inclusions in Director Report As per Section 134 of the Companies Act, 2013, the following facts shall become part of Director Report:- Extracts of annual ret .....

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financial year of the company to which the financial statement relate and the date of report Statement indicating the risk management policy Disclosure in context of Corporate Social Responsibility policy Statement by Independent Director under section 149(6) Disclosure of nomination and remuneration committee, appointment and remuneration of directors and other matters as per section 178 Company s affairs statement Disclosure of dividend recommendations, if any Formal annual evaluation b .....

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