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Sebi wants independent directors to adopt ‘constructive approach’

Sebi wants independent directors to adopt ‘constructive approach’

by AIP Online Bureau | Apr 6, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy

Tuhin Kanta Pandey, chairman,Sebi In the comments that came weeks after the resignation of Atanu Chakraborty, an independent director and part-time chairman of HDFC Bank, Pandey said the role of such directors is far more than just compliance, and also encompasses...
Sebi amends rules; introduces new option for appointment, removal of independent directors

Sebi amends rules; introduces new option for appointment, removal of independent directors

by AIP Online Bureau | Nov 15, 2022 | Eco/Invest/Demography, Indian News, Regulation

”In case a special resolution for the appointment of an independent director fails to get the requisite majority of votes, but the votes cast in favour of the resolution exceed the votes cast against the resolution, and the votes cast by the public shareholders...

Govt appoints non-official directors on boards of NIA,GIC Re and OIC

by AIP Online Bureau | Dec 22, 2021 | Banking & Bancassurance, Indian News, Non-Life, Policy, Reinsurance

However, the ministry of finance has not selected any body for the IPO bound Life Insurance Corporation(LIC) which has provisions for two independent directors New Delhi:The government has appointed independent directors on board of various public sector insurance...

Govt to soon clear list of independent directors for PSBS and insurance companies

by AIP Online Bureau | Nov 14, 2021 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy

Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi makes all high-level appointments, including that of independent directors As per the Companies Act 2013, every listed public company shall have at least one-third of the total number of...

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