Shri X. X.Xxxxx shall subscribe to and abide by the Company’s Code of Conduct for all Board Members and Senior Management Personnel besides ensuring strict compliance/adherence with the Company’s Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of trading by Insiders as formulated pursuant to the Securities and Exchange Board of India (Prohibition of Xxxxxxx Xxxxxxx) Regulations, 2015, as amended from time to time.
Shri X. X.Xxxxx shall not during the continuance of his employment with the Company or at any time thereafter, divulge or disclose to any person whomsoever or to make any use whatsoever for his own or any purpose other than that of the Company/its associate or sister concern(s) or joint ventures or a body corporate belonging to M.P. Birla Group, any information, knowledge or trade secrets or its methods obtained/acquired by him (in the course of or incidental to his employment hereunder) as to the business or affairs of the Company/its associate or sister concern(s) and shall use his best endeavours to prevent any other person from doing so. Shri X.X.Xxxxx shall also not, without the consent of the Board of Directors or any Committee thereof, divulge or disclose the methods, systems or appliances, etc. pertaining to the manufacturing activity of the Company. However, such divulgence or disclosure by him to officers and employees of the Company/its associate or sister concern(s) for the purpose of business of the Company shall not be deemed to be contravention of this clause.
Shri X. X.Xxxxx is not related to any Director of the Company in terms of Section 2(77) read with Companies (Specification of Definition Details) Rules, 2014.
Shri X. X.Xxxxx shall not be entitled to supplement his earnings with any buying or selling commission either directly or indirectly in any manner including through relatives as defined under the Companies Act, 2013 and rules made thereunder. He shall not, so long as he functions as the Managing Director & Chief Executive Officer of the Company, become interested or otherwise concerned directly or through his wife and/or minor children or any other member of the family in any selling agency of the Company without the prior approval of the Board or such authorities as may be necessary in accordance with applicable laws to the Company.
Shri X. X.Xxxxx, in the capacity of the Managing Director & Chief Executive Officer, shall be considered as a Key Managerial Personnel pursuant to the provisions of Section 203 of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
Shri X. X. Xxxxxxx
Shri X. X. XXXXXX : So far as the Museum is concerned, there is no dearth of funds. Not only is the Government giving sufficient funds, but they are also generating their own funds. In fact, I would like to draw the attention of the hon. Member to the fact that as on 31.3.1996, the Museum had an unspent balance of Rs. 138.02 lakh out of which Rs. 53.71 lakh was earmarked for the construction of the annexe building. Not only have they got an unspent amount, but they are getting funds through the entrance fees and by other means. They are generating their own income. They have got sufficient money. [Translation]
Shri X. X. Xxxxxx, Chief General Manager, KELTRON, witnessing the ToT Agreement.
Shri X. X. Xxxxx shall not be entitled to supplement his earnings with any buying or selling commission either directly or indirectly in any manner including through relatives as defined under the Companies Act, 2013 and rules made thereunder. He shall not, so long as he functions as the Managing Director & Chief Executive Officer of the Company, become interested or otherwise concerned directly or through his wife and/or children or any other member of the family in any selling agency of the Company without the prior approval of the Board and, if necessary as per law, of the Central Government. In case of contravention of such an undertaking the appointment of Shri X.X. Xxxxx as Managing Director & Chief Executive Officer shall stand automatically terminated.
Shri X. X. XXXXXXXX : Sir, I call the attention of the House to this aspect. I want to know w hether the Government has finalised the agreement or not. I raised this issue in the House. This particu la r subject is confined to the Union List. It is a bilateral issue with Bangladesh. In what capacity, was the Government of India constitutionally represented by the Chief Minister of West Bengal and that too to discuss a more vital issue linked with India's interests? It is not a matter between two Bengalis of Bangladesh and Calcutta or West Bengal. If Xxxx Xxxxx Xxxx is allowed to intervene in the matter relating to Farakka, could it be spelt out -that Xx. Xxxxxx will intervene on the issue of Kashmir on behalf of the Central Government? Will the Chief Minister of Arunachal Pradesh be allowed to take up the matter of the Xx-Xxxxx Line with the Prime Minister of China? Will the Chief Minister of Mizoram be allowed to take up the issue of Burma with the Prime Minister of Burma? Are such things really taking shape now? I, therefore, demand that Parliament should be taken into confidence in this matter...(Interruptions)
