The Companies Act, 2013 has a number of statutory provisions which directly impact on Corporate Governance. Securities and Exchange Board of India (SEBI) through its Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 has further raised the bar. The legitimate expectation levels of stakeholders in regard to Corporate Governance have significantly increased and are being articulated. Read More
GATEKEEPERS OF GOVERNANCE
EXCELLENCE ENABLERS PVT. LTD.
Excellence Enablers seeks to bridge the gap between potential and performance in individuals by providing mentoring and coaching. For organizations, the customized offerings would include support in the form of improving Board performance, with inputs ranging from advising on Board composition to carrying out Board evaluation. Read More
TOP 10 ISSUES IN CORPORATE GOVERNANCE PRACTICES IN INDIA
KEY ROLES AND RESPONSIBILITIES OF THE BOARD
CORPORATE GOVERNANCE AUDITORS IN INDIA
A Company Secretary gives a compliance certificate to the Board stating that the Company is “generally compliant” with all laws.
The MD sends monthly update reports to the Board. A new ID wants this to be discontinued stating that she does not want to be privy to any information that is not in public domain.
The Board has presented a compliance certificate stating that the Company is compliant with laws and regulations applicable to it. Some agenda items later, one agenda item reports violations under one Act.
IN THE NEWS
Airawat is a joint venture between Excellence Enablers, a specialist in matters of corporate governance, and Decimal Point Analytics, a tech-enabled research and data analytics firm. Airawat Indices offer indices based on a detailed methodical approach to evaluate Indian companies on both financial and corporate governance parameters. Read More