Section 13 in Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014
13. Certificate from auditors.
- In the case of every company that has passed a resolution for the schemes under these regulations, the board of directors shall at each annual general meeting place before the shareholders a certificate from the auditors of the company that the scheme(s) has been implemented in accordance with these regulations and in accordance with the resolution of the company in the general meeting.
