SEBI Consultative Paper on Corporate Governance Norms


On January 04, 2013, SEBI released its “Consultative Paper on Review of Corporate Governance Norms in India” to align the existing corporate governance norms in India with the provisions of Companies Bill 2012 and also to adopt international best practices relating to corporate governance. The proposal if implemented will have far reaching consequences on the corporate governance landscape for Indian listed companies. SEBI had solicited public comments on the consultative paper on or before January 31, 2013. InGovern Research Services has published its views and comments on the proposals as outlined in the consultative paper.