How does one understand Good Governance - what is right or what can be justified as being right? Independent directors have a key role to play under Companies Act, 2013 for good governance, as discussed in another interactive session at BlueLotus Strategy.
Independent director is expected to have independence, unbiased behavior, wide experience, special technical knowledge etc.
What’s your view regarding increased scope of Independent Director? Will it be contributing towards better governance or still tolerated for the sake of compliances? Some of the key challenges that an Independent Director faces are discussed in our blog: https://www.bluelotusstrategy.com/indian-companies-act/independent-directors/
Kindly contribute your view point.
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