Issuing a clarification in this regard, the RBI said, the fair value of share-linked incentives Should be recognised as expense beginning with the accounting period for which approval has been granted". In terms of the extant guidelines, share-linked instruments are required to be fairly valued on the date of grant using the Black-Scholes model. The RBI issued the clarification saying "it has been observed" that banks do not recognise grants of the share-linked compensation as an expense in their books of account concurrently.
Each Secured Party irrevocably and unconditionally authorises and directs a liquidator , official assignee , administrator , receiver , or similar person appointed or acting in respect of the Debtor or its assets to pay the proceeds of the realisation of any Secured Property in accordance with the provisions of this Deed. Page Simultaneously with the execution of this Agreement , Borrower shall direct those Customers whose Accounts have been purchased by Lender to direct all payments on behalf of Borrower directly to the Depository Bank and to cooperate with Lender in connection with the billing , administration and collection of the Accounts.
Directors shall serve without compensation from the Authority. However, Directors may be compensated by their respective appointing authorities. The Board , however, may adopt by resolution a policy relating to the reimbursement by the Authority of expenses incurred by Directors. The Board reserves the right to change the Compensation from time to time, to take into consideration the responsibilities associated with different committees in setting Compensation levels and to grant additional restricted shares periodically , which may vary from the terms described in this section.
Support quality journalism and subscribe to Business Standard. Source link. Your email address will not be published. Skip to content. By Kevin Aug 31, Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world.
Pioneer elite ex, speaker stereophilecom, difficult to drive, digital recording format, digital source component, in this difficulty, the sonic highway, audio classic mk3, apr 14 2019, aviator stereophilecom, of fame page, the year 2010, audiokinesis and neko, aries streaming device, news stereophilecom