corporate governance

Central Scrutiny Cell: A torch bearer for enhanced Corporate Governance          

Company Law - Introduction: The Ministry of Corporate Affairs has undertaken various measures in order to facilitate transparency and the data quality which is uncompromised and free from flaws. With this ultimate goal in mind the Ministry has launched Artificial intelligence driven portal that would facilitate e-adjudication, e-scrutiny and other mode...

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Internal Audit- Tool of Corporate Governance or Assurance to Public !!

Company Law - The Internal Audit prescribed under Section 138 of Companies Act 2013 has become an apple of discord between the Chartered Accountants and Cost Accountants simply because of defective law governing it. However nobody is addressing the issue for correcting the law to the govt. and CAs are being accused of prevailing over the prerogative to...

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Towards Enhancing Governance In Indian Banking System

Company Law - The importance of corporate governance in banks can not be undermined and is paramount in larger interests of shareholders, depositors and economy as a whole. Indian banking is today at cross roads facing challenges such as mounting non-performing advances (NPAs) failure of risk management triggers, ethical vacuum at top management and la...

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Possibility of Abuse of Corporate Governance in Promoter Driven Companies and its Treatment in Present Law

Company Law - Possibility of Abuse of Corporate Governance in Promoter Driven Companies and its Treatment in Present Law Corporate governance became popular in India after globalization in early 1990’s and most of the literature pertaining to corporate governance were based either on the Sarbanes-Oxley Act of the U.S or on the Cadbury committee repor...

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Reminiscences of Corporate Governance from Satyam Fraud

Company Law - Satyam Case is a tale of irony in the name of the company. The word ‘Satyam’ means truth whereas the Satyam Case is about the untruthful deeds by the promoters of the company. Satyam was a public-listed company enjoying high level international reputation....

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Technical Guide on provisions of Independent Directors from Corporate Governance perspective

Company Law - ICAI releases Technical Guide on the provisions of Independent Directors from Corporate Governance perspective Good Corporate Governance is the manifestation of beliefs, values and actions to ensure maximum value creation to the stakeholders. Value creation is a term broader than wealth creation. The objective of corporate governance is...

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Conceptual Approach to Board Reporting Framework A Post COVID-19 Corporate Governance Perspective

Company Law - The objective of this paper is to provide a conceptual Corporate Governance perspective to the Board Reporting Framework – Post COVID 19 which will serve as an internal document from the managements mirroring the renaissance of the related entity....

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Independent Director are key to Corporate Governance: Injeti Srinivas

Company Law - The corporate affairs ministry, known as Corporate Governance Agency, is implementing the companies law, has taken various measures, in order to have high-quality people fit to act as Independent Director.  MCA has developed a strong cadre of independent directors with aim to promote Corporate Governance. Independent Directors should not...

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Consider introduction of CSR Compliance Certificate by CS in Practice: ICSI

Company Law - We request you to kindly consider introduction of CSR Compliance Certificate by a Company Secretary in Practice, independent professional and reporting thereof in a dedicated format in form of CSR Compliance Certificate....

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ICSI suggests introduction of CSR Compliance certificate

Company Law - Kindly consider introduction of CSR Compliance certificate by an Company Secretary in Practice, independent professional and the reporting thereof in a dedicated format in the form of CSR Compliance Certificate which shall be attached with the e-form for CSR. Also, we would like to suggest that initially obtaining the said CSR Compliance ...

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Recent Posts in "corporate governance"

Central Scrutiny Cell: A torch bearer for enhanced Corporate Governance          

Introduction: The Ministry of Corporate Affairs has undertaken various measures in order to facilitate transparency and the data quality which is uncompromised and free from flaws. With this ultimate goal in mind the Ministry has launched Artificial intelligence driven portal that would facilitate e-adjudication, e-scrutiny and other mode...

Read More
Posted Under: Company Law |

Technical Guide on provisions of Independent Directors from Corporate Governance perspective

ICAI releases Technical Guide on the provisions of Independent Directors from Corporate Governance perspective Good Corporate Governance is the manifestation of beliefs, values and actions to ensure maximum value creation to the stakeholders. Value creation is a term broader than wealth creation. The objective of corporate governance is...

Read More
Posted Under: Company Law |

Internal Audit- Tool of Corporate Governance or Assurance to Public !!

The Internal Audit prescribed under Section 138 of Companies Act 2013 has become an apple of discord between the Chartered Accountants and Cost Accountants simply because of defective law governing it. However nobody is addressing the issue for correcting the law to the govt. and CAs are being accused of prevailing over the prerogative to...

Read More
Posted Under: Company Law |

Towards Enhancing Governance In Indian Banking System

The importance of corporate governance in banks can not be undermined and is paramount in larger interests of shareholders, depositors and economy as a whole. Indian banking is today at cross roads facing challenges such as mounting non-performing advances (NPAs) failure of risk management triggers, ethical vacuum at top management and la...

Read More
Posted Under: Company Law |

Possibility of Abuse of Corporate Governance in Promoter Driven Companies and its Treatment in Present Law

Possibility of Abuse of Corporate Governance in Promoter Driven Companies and its Treatment in Present Law Corporate governance became popular in India after globalization in early 1990’s and most of the literature pertaining to corporate governance were based either on the Sarbanes-Oxley Act of the U.S or on the Cadbury committee repor...

Read More
Posted Under: Company Law |

Reminiscences of Corporate Governance from Satyam Fraud

Satyam Case is a tale of irony in the name of the company. The word ‘Satyam’ means truth whereas the Satyam Case is about the untruthful deeds by the promoters of the company. Satyam was a public-listed company enjoying high level international reputation....

Read More
Posted Under: Company Law |

Keeping an Eye on the Board: Board Meetings and Board’s Powers Under Corporate Governance

Keeping an Eye on the Board: Board Meetings and Board’s Powers Under Corporate Governance The aim of this piece is to trace the evolution of corporate governance provisions relating to Board meetings and Board’s powers. The corporate scams committed in Enron[1], Worldcom[2] and Sathyam[3] has culminated in the inception of “Corporat...

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Posted Under: Company Law |

Good Governance- A Story Told Long Back

Corporate Governance, a concept relatively unknown about two decades ago has now become the most commonly used phrase in the current global business vocabulary. It’s a hot topic across the globe, these days, and in India. The concept gained prominence in the late 80’s and early 90’s when the corporate sector, in a number of [&hellip...

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Posted Under: Company Law |

Meetings of Board Of Directors – Overview of Corporate Governance Provisions & Judicial Decisions

Section 173 of Companies Act 2013 corresponds to Sections 285 and 286 of the Companies Act, 1956. Section 173(1) provides that after incorporation, Board of Directors should conduct first meeting within thirty days, and subsequently a minimum of four meetings a year....

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Posted Under: Company Law |

Mandatory Compliance by Listed Companies towards Good Corporate Governance

 The women director is now proposed to be independent for top 1000 Listed entities. At present, most of the women directors are either from the family of the promoters or the wife/daughter of the directors. Therefore, in order to increase gender diversity on the Board and reduce the biasness to make the board effective.  the SEBI t...

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Posted Under: Company Law |

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