Tag - Corporate governance

Role & Responsibilities of Independent Directors

In our previous article, we had discussed about the Independent Directors & Corporate Governance Now in this article, we had discussed about Role & Responsibilities of Independent Directors Role of the Lead Independent Director: Identify the most critical issues for the board to deal with Assist the board in achieving consensus on important issues Play the role of a facilitator outside the board room especially on contentious issues Work with the CEO to prioritise issues, set the agenda and enable it to [...]

Independent Directors & Corporate Governance

"The issue of Independent Directors is back in focus, thanks to the “ownership row” in a corporate giant in the country and a renewed stress on Corporate Governance across the world." This article analyses the traits of Independent Directors in the present times of stiff competition. Who Is An Independent Director? As per sub-section 6 of Section 149 of THE COMPANIES ACT, 2013 Act, Independent Director means a director other than a managing director or whole time director or a nominee director, a) [...]

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