Constitution of Committee to formulate a Policy Document on Corporate Governance
WHILE the issue of how corporates decide to carry on their affairs is largely a matter of their choice subject to conformity with the law, the increasing importance of businesses to the economies and complexities of operating in an inter-dependent world have brought home the need for business chambers, professions, regulators and even the governments to take interest in this aspect.
The Government has constituted a Committee under Chairmanship of Adi Godrej to draft a policy document. The Committee is required to submit its report within six months from the first meeting.