"I love my Country"
Discover how the Odia prayer Ahe Dayamaya Biswa Bihari offers timeless lessons on corporate governance, ethical leadership, truth, humility, and sustainability.
Section 169 of the Companies Act gives shareholders the power to remove directors, but courts insist that procedural fairness and natural justice cannot be ignored. Judicial rulings emphasize that removal powers must not become tools of oppression or arbitrary corporate control.
The article clarifies that ASISSE notices derive authority from the Collection of Statistics Act and not from Section 405 of the Companies Act, 2013. It explains the legal distinction and compliance implications for companies and LLPs.
A Discussion Perspective A company is owned by its shareholders and managed by its Board of Directors. However, the framework of corporate governance extends beyond the objective of profit generation alone. Companies today operate within a broader stakeholder ecosystem comprising employees, lenders, creditors, investors, customers, regulators, government authorities and society at large. Contemporary corporate governance […]
article discusses policy perspective required for India’s transition towards Viksit Bharat 2047 and highlights need for reforms in corporate governance and regulatory architecture.
