VIEWS OF VARIOUS COMMITTEES ON THE ISSUE

Protection of shareholders’ rights is very important in order to ensure long term shareholder value, which is the be-all and end-all of corporate governance. Several committees have been formed by the Government of India. Among these are the Securities and Exchange Board of India (SEBI), the country’s capital market regulator and the Confederation of Indian Industry (CII) the leading industry association. They have discussed the issue in great detail, and their considered views on the subject of shareholder/investor rights and how these can be achieved are given here.

Working Group on the Companies Act

Various committees have been set up both in India and elsewhere to guide the shareholders with regard ...

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