Tuesday 29 December 2009

India: voluntary corporate governance and social responsibility guidelines published

The Ministry of Corporate Affairs has, for the first time, published voluntary corporate governance guidelines: see here (pdf). Based on 'comply or explain', the guidelines are directed at public companies and are divided into six sections: the board of directors; responsibilities of the board; audit committee of the board; auditors; secretarial audit; and whistle blowing. 

The Ministry has also published voluntary corporate social responsibility guidelines: see here (pdf). 

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