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Thursday, Feb 09, 2006


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Clause 49

The deadline for complying with Clause 49 is over. Now it is up to the stock exchanges to take all effective steps for strict implementation of corporate governance.

In fact, many companies are yet to comply and are still in search of independent directors. SEBI can prepare a plan of action through stock exchanges for taking action against defaulting companies, including public sector undertakings.

Corporate governance implementation is a must in the interest of the corporate sector and to meet global challenges.

Suresh Babu

Hyderabad

Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in

More Stories on : Letters | Corporate Governance

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Sixth pay commission
Clause 49
Re-look at FBT



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