Role of Independent Director under Corporate Governance Process
M.V. Suresh Kumar1, CH. Lakshmana Rao2
1M V Suresh Kumar, LLB, M. Com, LLM,Research Scholar, College of Law, Koneru Lakshmaiah Education Foundation, Vaddeswaram, A.P., India.
2CH Lakshmana Rao, M.A., LL.B., LL.M., Ph. D LAW), Associate Professor & I/C Principal, Collage of Law, Koneru Lakshmaiah Education Foundation, Vaddeswaram, A.P., India.
Manuscript received on 08 August 2019. | Revised Manuscript received on 16 August 2019. | Manuscript published on 30 September 2019. | PP: 8557-8559 | Volume-8 Issue-3 September 2019 | Retrieval Number: C6086098319/19©BEIESP | DOI: 10.35940/ijrte.C6086.098319
Open Access | Ethics and Policies | Cite | Mendeley | Indexing and Abstracting
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: According to company law 2013 an independent director in view of a company and in relationship to the board can be said as a director other than the Managing or whole time or a nominee director and in the context of corporate governance an independent director is a non-executive director whose main aim is to help company in improving credibility in the eyes of stake holders with a prescribed set of standards and a set of principals laid for governing the board. The present paper is concerned with the role of Independent Director as part of company in corporate governance process and the importance of each in board.
Key Words- Company Law, Corporate Governance, Director, Independent Director, Women Director, SEBI
Scope of the Article: E-Governance