Foreword note for the book is by Mr. Shailesh Haribhakti, Chartered Accountant - the only Indian to receive the Global Competent Board’s Certification declaring him as ESG ready. He is also a winner of several corporate governance awards including the best Independent Director. He is a fellow of IOD.
Unique feature of the book lies in the elaboration of the role of IDs and committees of board; templates for mandatory codes, policies, and reports – both incorporating requirements under SEBI Regulations/Act.
Despite India having the best Corporate Governance framework the corporate frauds that keep surfacing underlines that the IDs and Auditors are yet to become independent in letter and spirit.
Case of a listed PSU which failed to discharge fiduciary responsibilities leading to end of a good project and loss of huge public funds is also covered in the book.