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India to have corporate governance policy soon

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Ministry of Corporate Affairs, Government of India is on the verge of finalising the national policy on corporate governance. The Ministry setup a high level committee headed by industrialist, Adi Godrej to draft a policy document on corporate governance. The committee has suggested 10 to 15 major recommendations including those related to independent directors to look after corporate governance issues.

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The ministry is actively considering the recommendations of the committee and will finalise the national policy on corporate governance soon, said Veerappa Moily, Minister of Corporate Affairs, Government of India.

 

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