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In late 2002, SEBI constituted a Committee to assess the adequacy of current corporate governance practices and to suggest improvements. Based on the recommendations of this committee, SEBI issued a modified Clause 49 on 29 October 2004 (the ‘revised Clause 49’) which came into operation on 1 January 2006.
"Corporate governance" may be defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions that appear purpose-specific.
The NVGs are an aspirational and comprehensive guideline to encourage responsible business behaviour in India. The NVGs, a set of 9 principles, [10] cover a broad array of social, economic, environmental and governance issues and developmental priorities. To actualise the principles a corresponding set of core elements have also been developed.
The term refers to the legal practice of law relating to corporations, or to the theory of corporations. Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corporation. [1] It thus encompasses the formation, funding, governance, and death of a corporation.
Paper 1: Environmental, Social and Governance Principles and Practices. Paper 2: Drafting, Pleadings and Appearances. Paper 3: Compliance Management, Audit and Due Diligence. Paper 4: Open Book Exam (elective paper). Paper 5: Corporate Restructuring, Insolvency and Valuation. Paper 6: Corporate Funding and Strategic Management
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India@75 is a CII initiative that envisions how India should be in 2022 – the 75th year of India's independence. [62] [63] The idea of India@75 was conceptualised at the Incredible India@60 celebrations in New York in 2007, where Professor C.K. Prahalad, management professor at the University of Michigan, shared his vision of India@75.
The Indian Institute of Corporate Affairs (IICA) was established by the Central Government in 2008 as an Institute under the administrative control of Ministry of Corporate Affairs, Government of India to function as a think tank, carry out action research, service delivery and capacity building support to the Central Government, corporate sector, professionals and related stakeholders.