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    HomeNewsOpinionWhy laws on independent directors need to be tailored to suit Indian conditions

    Why laws on independent directors need to be tailored to suit Indian conditions

    The CII Guidelines on independent directors fail to deal with two elephants in the room, as they are modelled on western principles 

    Jayant Thakur
    February 12, 2024 / 09:19 IST
    While technically the appointment of independent directors has to be approved by the shareholders, the fact that promoters have a significant holding gives them the final say on who should be appointed
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