Corporate Law : This article explains how SRCs are evolving to address broader stakeholder concerns. The key takeaway is that companies must go be...
Corporate Law : Explains how governance influences talent attraction, employee morale, and organizational efficiency, highlighting why strong syst...
Corporate Law : Internal conflict within Tata Trusts, the majority owner of the Tata Group, has caused a governance crisis and decision-making del...
Company Law : Learn the role of Independent Directors (IDs) under the Companies Act, 2013, and SEBI LODR in ensuring good corporate governance....
SEBI : Explore how SEBI’s enhanced scrutiny of related party transactions, new industry standards, and a dedicated portal are aimed at ...
Company Law : The Ministry of Corporate Affairs’ MCA21 V3 project is enhancing e-governance for businesses in India by integrating AI, improvi...
Company Law : The Companies Act 2013 mandates corporate governance, transparency, and CSR reporting. Key provisions include financial disclosure...
Company Law : Govt. of India's recent measures to enhance corporate governance, prevent fraud, and ensure effective CSR practices. Insights on r...
Fema / RBI : SEBI Consultation Paper on Strengthening Corporate Governance At Listed Entities By Empowering Shareholders – Amendments To SEBI...
Corporate Law : Shri Piyush Goyal calls for strengthening of ethics and corporate governance norms in startups. Shri Piyush Goyal urges startups t...
SEBI : Explore recent SAT verdict in 20 Microns Limited v. BSE Limited case on Regulation 17(1A) of LODR. Learn about implications and a ...
Corporate Law : Explore the latest Insurance Regulatory and Development Authority of India (IRDAI) regulations on corporate governance for insurer...
Corporate Law : Explore the Exposure Draft by IRDAI on Corporate Governance Regulations 2024. Share your insights before 23rd Feb to shape insuran...
SEBI : Stay informed about BSE's new cyber security disclosure format for listed companies. Learn how to report incidents and comply with...
SEBI : Read SEBI Circular No. SEBI/HO/DDHS-PoD-2/P/CIR/2023/101 dated June 26, 2023, introducing the format of the Compliance Report on G...
SEBI : Bombay Stock Exchange Notice No. 20230410-45 – Notice Date – 10 Apr 2023 Category: Circulars Listed Companies –...
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 to enhance shareholder value keeping in view the interest […]
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 […]
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 lack of governance, performance […]
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 report of the U.K.[1] […]
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.
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 “Corporate Governance” in India. The […]
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 […]
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.
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 took such initiative.
Others Sites Links 1. Need of Corporate Governance Today time corporate governance has received increased attention because of high-profile scandals involving abuse of corporate power or alleged criminal activity by corporate officers. Therefore, laws and regulations have been passed to address the components of corporate governance. Organizations have Duties and responsibilities towards their shareholders and […]
