1 Confederation Of Indian Industry, Desirable Corporate Governance: A Code, (1998).
2 The Companies Act lays down the basic regulatory framework governing all companies in India, including provisions relating to the incorporation, functioning, and winding up of Indian companies.
4 Afsharipour, A., The Promise and Challenges of India’s Corporate Governance Reforms, Indian Journal of Law and Economics, Vol. I, 2010, pp – 34 – 70.
5 Section 165-197, Companies Act.
6  Section 224-233B, Companies Act. 
7  Section 255, Companies Act.
8  Section 284, Companies Act. 
9  Section 81 (1A), Companies Act. 
10  Section 79, Companies Act. 
11  Section 77A, Companies Act.
12  Section 121, Companies Act.
13  Section 146, Companies Act.
14  Section 370, Companies Act.
15 Section 397 and 398, Companies Act. 
16 Section 30, SEBI Act. 
17 Pyramid Saimira v. SEBI (SEBI order dated March 11, 2011)
18 Id
19 Corporate governance Voluntary Guidelines, Ministry of Corporate Affairs, Government of India, available at http://www.mca.gov.in/Ministry/latestnews/CG_Voluntary_Guidelines_2009_24dec2009.pdf
20 General Circular No. 17/2011, Ministry of Corporate Affairs, Government of India
21 General Circulars No. 27/2011 and General Circulars No. 28/2011, Ministry of Corporate Affairs, Government of India
22  General Circular No. 35/2011, Ministry of Corporate Affairs, Government of India
23  General Circulars No. 29/2011 Ministry of Corporate Affairs, Government of India
24  Serious Fraud investigation Office, www.sfio.nic.in/
25  Section 235 and 237 of the Companies Act empowers the Central Government to appoint inspectors to investigate into the affairs of a company, when such investigation is necessitated by, the ROC, the company itself through a special resolution, Court order, etc.
26 Circular No. 3/ 11/2011-IGM, Ministry of Corporate Affairs, Government of India, available at http://www.mca.gov.in/Ministry/pdf/Office_Order_21july2011.pdf
27 National foundation for Corporate Governance, available at  www.nfcgindia.org. 
28 Clause 132(3)
29 Clause 132
30 Clause 120
31 Clause 216
 

 

 

 
 

 

 

 

 
 
 
 

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