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Article covers Introduction to Corporate Governance, Importance of Corporate Governance, Need of Corporate Governance, Corporate Governance Principles, Benefits of Corporate Governance, Responsibilities Of The Board Of Directors, Five Golden Rules of Corporate Governance, Components Of Corporate Governance, Regulatory Framework In India And Mandates, Evolution in Corporate Governance Norms, Major Incidences In Indian Corporate-Legal Sector (Case […]
Committee on review of penal provisions of Company Act 2013 submits final report to Shri Arun Jaitley. Recommends Restructuring of Corporate Offences to relieve Special Courts from adjudicating routine offences; De-clogging the NCLT. Made several recommendations related to corporate compliance and corporate governance
We understand that in a company there are certain stakeholder’s such as shareholders, management, customers, suppliers, financiers, employees, government and the community, whose interest is to be protected, directed and controlled by the set system of rules, practices and processes.
This is need based initiative of SEBI post the Companies Act, 2013 and Listing Obligations and Disclosure Requirements Regulations (LODR), 2015. What were the shortcomings in corporate governance in the Companies Act, 2013 and SEBI’s LODR that required yet another committee? The scams and scandals in the corporate world which has disturbed the base of the […]
Corporate Governance is in the interests of companies as it enhances their image, acceptability and profitability, says Ministry of Corporate Affairs’ Secretary Injeti Srinivas
ICSI Institute has come up with a well-researched Corporate Anti-Bribery Code. Code would supplement the government’s initiative towards building a corruption free New India by 2022.
SEBI formed a committee on corporate governance in June 2017 under the Chairmanship of Mr. Uday Kotak with a view to enhancing the standards of corporate governance of listed entities in India. The committee consisted of officials from the government, industry, professional bodies, stock exchanges, academicians, lawyers, proxy advisors, etc.
SWOT analysis assist an organization for better future. It is overall evaluation of company’s strengths, weaknesses, opportunities & threats.
The role of independent directors is considered to be of a great significance. Guidelines, role, functions and duties are broadly set out under Code of conduct under Schedule IV of Companies Act, 2013.
orporate governance is the application of best management practices, compliance of law in true letter and spirit and adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility for sustainable development of all stakeholders.