WHITHER CORPORATE GOVERNANCE?

After Satyam and Enron, India got into a culture of ‘Corporate Governance’. We had committees and committees. These were headed by respected professional. It is a different matter that my favourite Mr. N Murthy now has a different definition of Corporate Governance for Infosys! However, most of the recommendations were accepted by the Ministry of Corporate Affairs […]

09

Apr

RECOMMENDATIONS OF UDAY KOTAK COMMITTEE ON CORPORATE GOVERNANCE

The Committee on Corporate Governance was constituted by SEBI in June 2017, under the Chairmanship of Mr. Uday Kotak, to make recommendations to SEBI for improving standards of corporate governance of listed entities in India. The Committee submitted its report detailing several recommendations on October 5, 2017; was placed on the SEBI website for public comments. Few […]

09

Apr

COMPANIES (AMENDMENT) ACT, 2017 VOL. 2

       Section No.         Amendment         Impact   Section 96 Annual General Meeting   It is proposed that Annual General Meeting (‘AGM’) of unlisted company may be held at anyplace in India if consent is given is writing or by electronic mode by all the members in advance.   […]