OPINION | From Delaware to Dalal Street: Balancing shareholder will and institutional oversight

Balancing shareholder authority with institutional checks is becoming increasingly critical in today’s governance landscape.

Shareholder votes are meant to serve as the strongest expression of ownership, yet their impact often gets delayed or diluted due to procedural, regulatory, and institutional hurdles. Regulatory approvals, creditor considerations, fiduciary interventions, and litigation risks frequently slow down the execution of decisions that shareholders have already endorsed.

Mr. Shriram Subramanian highlights that this gap between shareholder mandate and actual implementation weakens the essence of shareholder democracy, pointing to the growing need for transparent and time-bound mechanisms that ensure decisions are carried out without unnecessary delays. He also notes that while safeguards play an important role, they should not end up overshadowing or diluting the clear will expressed by shareholders.

Read the full article: https://www.moneycontrol.com/news/opinion/from-delaware-to-dalal-street-balancing-shareholder-will-and-institutional-oversight-13719031.html