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Compliance with the Requirements of Corporate Governance

Compliance with the requirements of Corporate Governance as laid down in the Companies Act is looked into by the Registrars of Companies and suitable action is initiated wherever there is failure to comply with the law. Giving this information in written reply to a question in the Rajya Sabha today, Shri Sachin Pilot, Minister of Corporate Affairs, said that the Government has not brought out any Legal Compliance Manual; however, the Indian Institute of Corporate Affairs, as part of its MOU with an agency, had facilitated the release of a ready reckoner for acquainting stakeholders with various laws including Companies Act, 1956.

Tag: Corporate Governance

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About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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