By Kanchan Joshi | 08 Aug, 2021
Sebi enforces amendments to empower independent directors
Capital markets regulator Sebi has overhauled the rules pertaining to the appointment, removal and remuneration of independent directors to ensure their independence and effectiveness.The development assumes significance in the backdrop of the role of independent directors coming under scrutiny for their failure in detecting and preventing corporate frauds and promoter mismanagement.The new rules ...
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