Friday 13 January 2017

India: SEBI guidance note on board evaluation

According to the Securities and Exchange Board of India, board evaluation in India is at a "nascent stage". For this reason, and against the background of the requirements in the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, SEBI has issued a guidance note on the nature and operation of board evaluation: see here (pdf).

Update (15 January 2017) - governance matters were discussed at the most recent meeting of SEBI's International Advisory Board: see here.

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