While I plead guilty writing on this topic yet again, the concern on the sustainability of the Independent Directors’ role continues to be an issue on which the lawmakers and corporations are not in ad idem. Corporate governance as a concept is necessitated if the extant laws prove to be inadequate. Weak governance manifests itself in lack of transparency, unreliability in financial reporting,
The Limited Liability Act (LLP Act), which was notified about two years ago, was welcomed as an effort to provide a structure, shorn of the unpalatable burden of unlimited liability and restriction
There is a perceptible wane in the claims being raised before Courts by random stakeholders, whether spearheaded by trade unions or otherwise, claiming the status of employees, as also in the
Sumitomo Industries’ journey through the Indian Court system to have an Arbitration Award in its favour upheld, is the classic example of enforcement of international arbitral awards by Indian
Family businesses constitute most businesses in India as anywhere else in the world. With economic liberalisation and industrial expansion, family businesses have had to evolve or otherwise
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