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Limited Liability Partnership Bill, 2006
…Read More >>
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Proposed Changes in Clause 49 of Listing Agreement
…Read More >>
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Review of companies (Issue of Indian Depository receipts) Rules, 2004:
…Read More >>
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Dr. J.J. Irani Report on New Company's Act :
…Read More >>
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Concept Paper on Companies Bill 2004 (Miistry of Corporate Affairs, Govt. of India):
Following
the recommendations of the Company Law Committee known as the Bhaba
Committee set up in 1950 the Companies Act, 1956, was enacted with the
object to amend and consolidate the law relating to companies and
certain other associations by repealing the Companies Act, 1913.…
Read
More
>>
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Concept
Paper on Companies Bill 2004 (CII's Views):
The
Companies Act, 1956, has been in force now for nearly five decades. The
present Companies Act, 1956, has been amended in the past, for more
than 20 times. The proliferation and diversity of amendments aggravated
the complexities of the Law and its comprehensive review became
inevitable.…
Read
More
>>
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Clause
49 (2004) (SEBI):
Listed
companies in India (with paid-up capital of Rs.3 crore and more)
have to comply with the corporate governance related provisions of
Clause 49 of the Listing Agreement of Stock Exchanges. Clause 49 has
been prepared by the Securities and Exchange Board of India
(SEBI)… Read More
>>
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1st
National Conference on Corporate Governance Trends in India
18 October 2004, New Delhi
Ministry of Corporate Affairs (MCA) and the Confederation of Indian
Industry (CII) in partnership with the Institute of Company Secretaries
of India (ICSI) and the Institute of Chartered Accountants of India
(ICAI) has set up the National Foundation for Corporate Governance
(NFCG).
Read
More >>
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Narayana
Murthy Committee Report: Report of the SEBI Committee on Corporate
Governance (2003):
The Committee was constituted by SEBI
to review the performance of corporate governance in the country as
well as to determine the role of companies in responding to rumour and
other price sensitive information circulating in the market in order to
enhance the transparency and integrity of the market. The Committee
submitted its report to SEBI in February 2003. Read More >>
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Recommendations
of the Naresh Chandra Committee Report on Corporate
Audit and Governance (2002):
Following the corporate scandals of the
US, the Department of Corporate Affairs (DCA),
Government of India set up the Naresh Chandra Committee to examine
various corporate governance issues. Many recommendations of the report
were incorporated in the Companies (Amendment) Bill 2003, which is
currently being reviewed…Read
below >>
- Executive
Summary
- Chapter 1: Introduction
- Chapter 2: Auditor Company
Relationship
- Chapter 3: Auditing the Auditors
- Chapter
4: Independent Directors
- Chapter 5: Other Recommendations
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Kumar
Mangalam Birla Committee on Corporate Governance (1999):
The Committee was set up by SEBI to promote and raise the standards of
Corporate Governance. The Committee’s terms of reference
included suggesting suitable amendments to the listing agreement
executed by the stock exchanges with the companies in order to enhance
corporate governance standards of listed companies, drafting a code of
corporate best practices; and suggest safeguards to be instituted
within the companies to deal with insider information and insider
trading. Several of the Committee’s recommendations were
incorporated in Clause 49 of the listing agreement of stock exchanges. Read More >>
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CII
Code on Corporate Governance (1998):
The
Confederation of Indian Industry (CII) published India’s
first comprehensive code on corporate governance (Desirable Corporate
Governance: A Code) in 1998. This Code was well received by Corporate
India and many of its recommendations became part of subsequent
regulations. Read More
>>
