Independent Directors – over expectation or under achievement? [Brought to you by Khaitan & Co.]
BY Kalpana Unadkat |
In the last five years of the NDA regime, the Indian economy witnessed a few major changes - the Bankruptcy Code, GST and some changes in corporate governance regime. Were the changes to the corporate governance regulations by SEBI enough? Did they have the impact that was expected? Recent events in the Indian corporate world have raised one inevitable question - “what were the board members doing?”