Title: Corporate Governance Practices in Indian Companies: Navigating the Path to Transparency and Accountability
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In the dynamic landscape of corporate India, the principles of corporate governance play a pivotal role in shaping the direction and ethical underpinnings of businesses. Corporate governance serves as the compass that guides companies toward transparency, accountability, and fairness in their operations. In this blog, we delve into the heart of corporate governance practices in Indian companies, exploring the regulatory framework, key components, and the evolving landscape. Understanding Corporate Governance in India: The Companies Act, 2013: At the core of corporate governance in India is the Companies Act, 2013. This comprehensive legislation outlines the legal framework that governs the incorporation, regulation, and dissolution of companies in the country. It establishes the duties and responsibilities of the board of directors, the role of shareholders, and mechanisms for accountability. Securities and Exchange Board of India (SEBI): SEBI, the regulatory authority fo...