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I mean to ask we have to write this para?
There was a corporate governance weakness that : Chairman has sole responsibility for liaising with shareholders & answering any of their questions.
For its explanation I wrote that: This is a role which the boards as a whole should undertake.
For its recommendation I wrote that: All members of the board should be involved in ensuring that satisfactory communication occurs with S/H’s. E.g all should attend meeting with S/H’s such as AGM.
The board should state in annual reports the steps they have taken to ensure that the members of the board and in particular NED’s develop an understanding of the views of the major S/H’s about the company
I just want to ask that the recommendation which I have wrote would be counted as 1 recommendation OR would it be counted as 2 recommendations?
As you said it is a legal requirement to hold AGM , this is for both listed as well as unlisted companies?
