The Board of Directors of a company plays a crucial role in providing leadership to the company. It is also known as the governing body, and is expected to provide directions to the efforts of management. It is also responsible for safeguarding the interests of various stakeholders of the company. For the Board to be....
With the increase in the number of start-ups in India in the past few years, there is also a need to have enough checks and balances to ensure that these entities are run properly. With voluntary implementation of sound Corporate Governance practices, the doors to sustainable growth and economic prosperity for such companies will open....
Succession planning is the process of identifying and developing employees who can fill key positions in a company, when there is a vacancy, whether planned or unplanned. An efficient process ensures that the business continues to operate efficiently at all times and does not suffer following the exit of any person. It starts with identifying....
The Board of Directors plays a vital role in the overall functioning of a company. Hence the composition of the Board is crucial. Board composition, including its size, its independence and diversity, are essential aspects while deciding the composition. The Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) have mandated....