The board of directors (hereinafter referred as the “Board”) of Kaabil Finance Private Limited (hereinafter referred as the ‘Kaabil Finance’ or ‘Kaabil’ or ‘Company’) has adopted the following policy and procedures with regard to preservation of documents.
This policy is intended to ensure compliance particularly with the Listing Regulations and the applicable provisions of Companies Act, 2013. Regulation 9 of the Listing Regulations mandates that a listed entity shall have a policy for preservation of documents, approved by its board of directors, classifying them in at least two categories as follows-
Provided that the Company may keep documents specified in clauses (1) and (2) in electronic form. Besides the above, as per applicable provisions of Companies Act, 2013, certain documents must be preserved permanently or up to a certain prescribed time. Accordingly, this policy has been framed. Where the terms of this policy differ from any existing or newly enacted law, rule, regulation or standard governing the Company, the said law, rule, regulation or standard will take precedence over this Policy and procedures until such time as this Policy is changed to conform to the law, rule, regulation or standard.
“Act” means the (Indian) Companies Act, 1956 (to the extent that such enactment is in force and applicable to the context in which such term is used herein), or the (Indian) Companies Act, 2013 (to the extent that such enactment is in force and applicable to the context in which such term is used herein), in each case and shall include all rules, regulations, sub-ordinate legislations made there under, amendments, modifications and re-enactments of the foregoing (any reference to a section of the Act will be to such section of the Companies Act, 2013, unless otherwise specified).
“Articles” or “AOA” means the Articles of Association of the Company as may be amended from time to time as prescribed under the Transaction Documents.
“Audit Committee” means “Audit Committee” constituted by the Board of Directors of the Company under provisions of the Act and in compliance with Articles, from time to time.
“Company Secretary”means Company Secretary of the Company.
“Board of Directors” or “Board” means the Board of Directors of the Company, as constituted from time to time.
“Director”shall have the same meaning as prescribed to it under the Transaction Documents.
“Electronic form” with reference to information means any information generated, sent, received or stored in media, magnetic, optical, computer memory, micro film, computer generated micro fiche or similar device.