View Point


Who will run an Indian company?

The current rules of SEBI and the import of the Companies Act, 2013 make independent directors responsible for a diverse range of activities ranging from formulating strategy, selecting and overseeing the CEO, implementing the strategy and plans, approving all material and financial transactions, approving accounts and related party transactions, mitigate risk processes, oversee CSR and uphold minority interests. Then, what are executive directors responsible for?

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