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Questions and Answers
Which symbol is used to represent currency?
Which symbol is used to represent currency?
What letter is located in the top row, sixth from the left?
What letter is located in the top row, sixth from the left?
E
The ______ barked.
The ______ barked.
dog
When was HSIIDC incorporated?
When was HSIIDC incorporated?
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What is the Corporate Identity Number (CIN) of HSIIDC? CIN: 29199HR1967SGC______
What is the Corporate Identity Number (CIN) of HSIIDC? CIN: 29199HR1967SGC______
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How much is the authorized Share Capital of HSIIDC?
How much is the authorized Share Capital of HSIIDC?
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HSIIDC is a Government Company under the provisions of the Companies Act.
HSIIDC is a Government Company under the provisions of the Companies Act.
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Match the following Key Managerial Personnel with their roles:
Match the following Key Managerial Personnel with their roles:
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What policies are required to be framed under the provisions of the Companies Act, 2013?
What policies are required to be framed under the provisions of the Companies Act, 2013?
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Which of the following policies is required by Section 135 of the Companies Act, 2013?
Which of the following policies is required by Section 135 of the Companies Act, 2013?
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The Corporation is required to spend at least 2% of the average net profit on CSR activities as per the Companies Act, 2013.
The Corporation is required to spend at least 2% of the average net profit on CSR activities as per the Companies Act, 2013.
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According to Section 13a(3)(n) of the Companies Act, 2013, there shall be a report by the Board of Directors, which shall include a statement indicating the development and implementation of a _____________ for the company.
According to Section 13a(3)(n) of the Companies Act, 2013, there shall be a report by the Board of Directors, which shall include a statement indicating the development and implementation of a _____________ for the company.
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Match the policy with its description:
Match the policy with its description:
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Study Notes
HSIIDC - Corporate Affairs, Board, and Secretarial Matters
Incorporation and Objectives
- HSIIDC was incorporated on 08.03.1967 under the Companies Act, 1956
- Registered Office at Chandigarh, with objectives to:
- Undertake industrialization by developing industrial infrastructure
- Finance industrial units located in Haryana
Corporate Identity and Shareholding
- Corporate Identity Number (CIN): U29199HR1967SGC034545
- 100% owned by the State Government (Governor of Haryana) and its nominees
- Classified as a Government Company under the Companies Act
Share Capital
- Authorized Share Capital: Rs. 75.00 crore divided into 7,50,000 shares @ Rs. 1000/- each
- Paid-up Capital: Rs. 4890 lakhs
- Shareholders:
- Governor of Haryana (through PSI) - 488999 shares
- Various State Government officials and nominees - 1 share each
Appointment of Directors and Chairman
- Number of Directors: Not less than 3 and not more than 11
- Directors appointed by the State Government, including:
- Managing Director and Chairman
- Independent Directors
- Woman Director
- Nominee of Finance Department
- Director of Industries and Commerce, Haryana
- Special Invitee: Director of Town and Country Planning Department (DTCP)
Statutory Committees of Directors
- Three statutory committees: Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee
- Composition of committees:
- At least 3 members, including Independent Directors
- Chairman of the Corporation may be appointed as a member of the Committee
Key Managerial Personnel (KMP)
- Managing Director
- Company Secretary
- Chief Financial Officer
- Currently appointed KMPs:
- Shri Sushit Sarwan, IAS - Managing Director
- Harnam Singh Rana - Company Secretary
- Sh. S.B. Kaushik - Chief Financial Officer
Meetings of the Board and Shareholders
- Four Board Meetings and one Annual General Meeting (AGM) of Shareholders to be held every year
- Gap between two Board Meetings should not exceed 120 days
- AGM to be held within 6 months of the close of the financial year
Policies Framed under the Companies Act, 2013
- Corporate Social Responsibility (CSR) Policy
- Risk Management Policy
- Vigil Mechanism (Whistle Blower Policy)
- Code of Conduct for Directors
- Policy on Appointment of Directors and Senior Management
Subsidiary Company
- Haryana Minerals Limited (HML) - incorporated on 02.12.1972
- HML has ceased its manufacturing activities and has a skeletal staff
- HSIIDC holds 100% of the share capital of HMLIt appears that the provided text is a jumbled collection of symbols, letters, and numbers, making it difficult to decipher any meaningful information. There doesn't seem to be a coherent message or topic that can be extracted from the text.
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Description
This quiz covers the incorporation, objectives, and development of Haryana State Industrial Development Corporation Limited (HSIIDC). It includes matters related to corporate affairs, board, and secretarial matters.
