Law of Corporate Governance

Corporate Governance, or CG, is a market-driven subject. The exaction for good governance practices has exhibited an upward trajectory growth in India for its economic sustenance and is immensely dynamic. No longer a business strategy, it impacts the well-being of all actors of the economy. But then, as the cliché goes, 'Change is ubiquitous. The seamless integration of global economies and adoption of global best practices have made the topic more challenging, necessitating regular updation to capture contemporary developments across jurisdictions.
In India CG is regulated by the sectoral regulators. SEBI regulates the domestic securities market, RBI the financial sector, IRDA the insurance sector and PFRDA the pension funds. Though the underlying intent of the sectoral regulators is the same, their operations and practices are different.