First Notes - 22 April 2014

FirstNotes_22April2014

SEBI’s amendments to corporate governance norms

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The Securities and Exchange Board of India (SEBI) with the objective to align its provisions to the recently notified provisions of the Companies Act, 2013, (‘the Act’) has specifically reviewed clause 49 of the Listing Agreement, to adopt leading industry practices on corporate governance and to make the corporate governance framework more effective.

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