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Independent Directors: SEBI Has Another Go
There is little anybody can do to achieve SEBI’s impossible wish of an effective independent director, writes Nawshir Mirza.
04 Mar 2021, 06:40 PM IST
Undaunted, the Securities and Exchange Board of India renews its hitherto futile efforts at creating that rarest of corporate creatures – an effective independent director.The specific changes proposed and their critical analyses are available in many other articles. Like the proverbial curate’s egg, the proposals are good in parts. But even after they are implemented, they are certain to leave SEBI disappointed. There is little anyb...
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