In a verdict yesterday, the Delhi High Court allowed the Comptroller and Auditor General (CAG) of India to audit the accounts of private telecom companies under the Telecom Regulatory Authority of India (TRAI) Act. This his kind of ruling was unthinkable even a few years back as CAG was and is still largely seen… Read More CAG audit of private telecom companies – Governance or Interference?
The passing of The Companies Bill 2012 by Rajya Sabha on 8th August,2013, is a step forward towards transformation in the corporate governance practices of the country. The new bill that requires President’s assent for it to become law, replaces the Companies Act of 1956. The bill, when enacted will bring in reforms to… Read More Companies Bill 2012– Giving Voice to Minority Investors in India