Which of the following statements about the detailed corporate governance norms for listed companies issued in April 2014 by SEBI is/are correct ? 1. It provides for stricter disclosures and protection of investor rights, including equitable treatment for

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Q: 80 (CAPF/2014)

Which of the following statements about the detailed corporate governance norms for listed companies issued in April 2014 by SEBI is/are correct ?
1. It provides for stricter disclosures and protection of investor rights, including equitable treatment for minority and foreign shareholders
2. Under 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 code given below :

question_subject: 

Economics

question_exam: 

CAPF

stats: 

0,33,9,6,3,33,0

keywords: 

{'detailed corporate governance norms': [0, 0, 0, 1], 'shareholders': [0, 0, 2, 3], 'stricter disclosures': [0, 0, 0, 1], 'investor rights': [0, 0, 0, 1], 'foreign shareholders': [0, 0, 0, 1], 'companies': [0, 0, 0, 1], 'new norms': [0, 0, 0, 1], 'sebi': [0, 1, 0, 4]}

The correct answer is option 3 - both statement 1 and 2 are correct.

Statement 1 is correct as the detailed corporate governance norms for listed companies issued by SEBI in April 2014 do indeed provide for stricter disclosures and protection of investor rights. This includes ensuring equitable treatment for minority and foreign shareholders.

Statement 2 is also correct as under the new norms, listed companies are required to provide the option of e-voting to shareholders on all resolutions proposed to be passed at general meetings. This means that shareholders have the facility to vote electronically, which can make the voting process more efficient and accessible.

Therefore, both statement 1 and 2 are correct as they accurately describe the provisions of the detailed corporate governance norms issued by SEBI in April 2014.