Page 85 - KRCL ENglish

(d) Employees State Insurance Act 1948;

(e) Equal Remuneration Act 1976;

(f) Indian Contract Act 1872;

(g) Income Tax Act 1961, Indirect Tax Laws;

(h) Indian Stamp Act 1999;

(i) Industrial Disputes Act 1947;

(j) Maternity Benets Act 1961;

(k) Minimum Wages Act 1948;

(l) Negotiable Instruments Act 1881;

(m) Payment of Bonus Act 1965;

(n) Payment of Gratuity Act 1972;

(o) Payment of Wages Act 1936 and other applicable labour laws

We have also examined compliance with applicable clauses of the following;

(i) Revised Secretarial Standards with regard to meeting of Board of Directors (SS-1)
and General Meetings (SS-2) issued by Institute of Company Secretaries of India
with effect from 1st October 2017;

(ii) Debt Listing Agreements entered into by the Company with National Stock
Exchange, DPE Guidelines on Corporate Governance for CPSE.

We further Report that:

Konkan Railway Corporation is a Government Company under the administrative control of
Ministry of Railways, Government of India; the Directors are nominated/ appointed by the
Government of India. The Government of India is in process of selecting requisite number

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