The Union Minister of State for Ministry of Law, Justice and Corporate Affairs Shri P.P. Chaudhary: Independent Directors are watch persons of Corporate entities; Capacity development of Independent Directors is very essential since they play a crucial advisory role to ensure integrity and professional conduct in companies; Central Government is seriously considering to establish Database of Independent Directors https://www.taxtmi.com/news?id=19357 Independent Directors serve as oversight and advisory mechanisms on boards, crucially monitoring internal financial controls and promoting transparency. Regular capacity development and orientation for newly appointed Independent Directors of public sector banks and undertakings is essential to equip them for advisory, monitoring and policy-setting roles. A two-day programme at IICA aims to train 40 newly appointed Independent Directors with expert contributions from regulators, industry and international bodies. The Central Government is considering a centralized database of Independent Directors at IICA under Section 150 of the Companies Act, 2013 to support appointments, accountability and capacity-building. en-us Thu, 11 Jan 2018 15:07:49 +0530 Thu, 11 Jan 2018 15:07:49 +0530 TaxTMI RSS Generator The Union Minister of State for Ministry of Law, Justice and Corporate Affairs Shri P.P. Chaudhary: Independent Directors are watch persons of Corporate entities; Capacity development of Independent Directors is very essential since they play a crucial advisory role to ensure integrity and professional conduct in companies; Central Government is seriously considering to establish Database of Independent Directors https://www.taxtmi.com/news?id=19357 Independent Directors serve as oversight and advisory mechanisms on boards, crucially monitoring internal financial controls and promoting transparency. Regular capacity development and orientation for newly appointed Independent Directors of public sector banks and undertakings is essential to equip them for advisory, monitoring and policy-setting roles. A two-day programme at IICA aims to train 40 newly appointed Independent Directors with expert contributions from regulators, industry and international bodies. The Central Government is considering a centralized database of Independent Directors at IICA under Section 150 of the Companies Act, 2013 to support appointments, accountability and capacity-building. News - Thu, 11 Jan 2018 15:07:49 +0530 https://www.taxtmi.com/news?id=19357