INSUBCONTINENT EXCLUSIVE:
employed by corporates for diversion of funds
The capital markets regulator also said another means of such diversion was extension of loans
"Related party transactions are being frequently used for diversion of funds by corporates
Another instance is extension of loans of companies to related parties
number of company failures
Corporate governance is aimed at keeping the trust of various stakeholders
(SOP) for dealing with non-compliances, which can lead to freezing of shareholding of promoters and suspension of trading in stocks", he
It was incumbent upon the managements for sticking to compliance and key management professionals should show a strong independence of mind
to stand up to any wrongdoings".Get Breaking news, live coverage, and Latest News from India and around the world on
TheIndianSubcontinent.com
Catch all the Live TV action on TheIndianSubcontinent 24x7 and TheIndianSubcontinent India
Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.
