Press Information Bureau English Releases: "Corporate Governance
The National Foundation of Corporate Governance (NFCG) has been expanded so as to make its membership more broad based and to enable it to function as the national apex platform on corporate governance issues. In order to raise the bar of corporate governance practices in the Indian corporate sector, the Ministry had released Voluntary Guidelines on Corporate Governance in December last year which highlighted some of the issues related to independent directors, audit, compensation to directors etc. Keeping in view the adoption of these guidelines and the feedback from stakeholders, the Ministry is considering incorporation of some of the features in the Companies Bill itself"
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