Corporate Governance in India - Challenges

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Foreword note for the book is by Mr. Shailesh Haribhakti, Chartered Accountant - the only Indian to receive the Global Competent Board’s Certification declaring him as ESG ready. He is also a winner of several corporate governance awards including the best Independent Director. He is a fellow of IOD.Unique feature of the book lies in the elaboration of the role of IDs and committees of board; templates for mandatory codes, policies, and reports – both incorporating requirements under SEBI Regulations/Act.Despite India having the best Corporate Governance framework the corporate frauds that keep surfacing underlines that the IDs and Auditors are yet to become independent in letter and spirit.Case of a listed PSU which failed to discharge fiduciary responsibilities leading to end of a good project and loss of huge public funds is also covered in the book.