Corporate Governance Survey 2020 findings reveal poor state of affairs

Many of you had been demanding over the years that LocalCircles takes up issues of Corporate Governance at corporates so like the Indian consumer, the issues of common shareholders can be escalated. Subsequently, we initiated discussions and the survey in which many of you participated and below is the link to the survey report.

Common Shareholders outline concerns via Corporate Governance Survey 2020

You are welcome to share the link via social media and with every corporate for which you are a common shareholder so they can improve their Corporate Governance. Also, if you have inputs on specific things that SEBI and Ministry of Corporate Affairs must do to improve state of affairs, do share as LocalCircles escalates the findings for their review and action. more

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Sridharan R (Expertise in Power Generation, 500MW Power Stations )

I suggest that a Resolution case is to be reviewed since inside trading has played and sale proceeds to lender is reduced. How to reach the right authority to avoid further role by the persons. more

Jan 06

Akshya Panda (economist and advocate)

company act 2013 has made independent director more accountable more

Jan 06

Govind Bindiganavale

I suggest that SEBI should shortlist 5 independent directors from amongst the independent director's database to each listed company, out of which the company can select at least one of them to be appointed in their boards. Removal of such appointed directors by shareholders should require minimum of 75% of voted shares at AGM/EGM. Such directors will improve governance since they can act truly independently. more

Dec 26

Govind Bindiganavale

I think that there is a provision to have a director proposed by minority shareholders. I do not know the conditions for such nomination. I don't think that it is being exercised. more

Dec 28

Darshan Sharma

While I support your opinion, but there should be directors from shareholders by random selection. Invite your comments for feasibility. more

Dec 27

Saripalli Suryanarayana

AGM Is a stage management. They should hold AGM at all four corners of the country more

Dec 26

Gopabandhu Mohapatra

Individual Share holders are interested in dividend and not in the internal administration. There is no opportunity for individuals also to improve their Corporate administration. more

Dec 26

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