Page 4 - Board Of Directors

Tata-Mistry case: SC verdict puts spotlight on duties of nominee directors

The Supreme Court's observations in the Tata-Mistry case has raised questions about the fiduciary duties of nominee directors

Mirages in corporate governance

The issue of separation of powers between corporate owners and professional managements has become a hardy perennial in the Indian corporate governance discourse

Best of BS Opinion: Increase vaccine supply, focus on pollution & more

Here's a selection of Business Standard opinion pieces for the day

Searching for IDs

An exclusion list for selecting great independent directors

Loss-making cos can now pay remuneration to non-executive directors

Loss-making companies can now pay remuneration to their non-executive directors, including independent directors

'Paper'ing over the cracks - Part 2

Shareholders who expect value from IDs should ask Boards and managements whether the compensation presently given to IDs is adequate, having regard to their role

'Paper'ing over the cracks

Independent directors - cats on a hot tin roof

Exempt independent directors from any criminal liability, says CII

'Proceedings against independent directors may be initiated only once there is prima facie evidence of their possible involvement in the matter, rather than as a matter of course,' says CII

Best of BS Opinion: Sugarcane pricing, higher tax-GDP, and more

Here's a selection of Business Standard opinion pieces for the day

When CEO and board marriages fail

Boards and remuneration committees hesitate to engage with the behavioural and soft aspects of CEO appraisal. This is one important reason for such marriages failing

The emerging future role of boards

Management needs new ways of thinking to make companies survive and grow for the long term, and to be sustainable companies in every sense of the word

Black Lives Matter: Firms pledge to add at least 1 Black director to board

More than a dozen companies are promising to add at least one Black director to their boards, as businesses across America slowly get their leadership to look more like the customers they serve.

Kalyan Jewellers appoints Sanjay Raghuraman as CEO, names new directors

Expanding the Board of Directors, the company further appointed Salil Nair as Non-Executive Director, while Anil Nair was named as Independent Director

Challenging time for board of directors amid coronavirus outbreak

The board should immediately address the issue of succession for the CEO and other critical positions to ensure a seamless continuation of each critical function

Covid-19: MCA eases attendance rules for board meetings till June 30

Relaxation allows directors to attend via audio-visual means even for approval of financial statements and the board's report

Microsoft co-founder Bill Gates exits company's board of directors

Gates left his CEO position in 2000, handing the company reins to Steve Ballmer to devote more time to his charitable foundation

Stewardship code aims greater investor, India Inc engagement. Will it work?

Stewardship responsibilities include engaging investee companies on ma­tters ranging from corporate governance and financial performance to capital structure and strategy

Biz judgement rule and directors' liability

Directors, including independent directors, are equally liable for omissions and commissions of the company

Flurry of tax notices puts private companies' directors in a spot of bother

Section 179 of the Income Tax Act imposes vicarious liability on directors to recover tax dues of private firms

Are Indian boards truly effective?

Our approach to board governance has resulted in a sharp focus on structure, that is, form, without commensurate focus on substance, that is, effectiveness