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MCA floats a new testing proposal to filter frivolous independent directors

How do laws regarding independent directors in India pan out vis-a-vis other nations?

Topics
Independent directors | Ministry of Corporate Affairs

Geetika Srivastava 



Independent directors, firms, companies

The has proposed a new testing system for of a company. This has been entrusted with the Indian Institute of Corporate Affairs, which shall provide a portal for registration and administer the test. According to a senior government official, this shall help increase the pool of qualified persons. Others say it is to keep a check on frivolous appointments which have previously led to massive corporate misgovernance cases. But how do laws regarding in India pan out vis-a-vis other nations? Geetika Srivastava gives an insight

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First Published: Sun, November 03 2019. 19:56 IST

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