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SEBI chief admits Independent Directors issue not yet resolved
By IANS |
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Ajay Tyagi Image Source: IANS News
Mumbai, April 6 : Yet again raising concerns regarding the lack of independence of Independent Directors and the need for getting in the best people for the job, the chief of India s capital market regulator on Tuesday admitted that despite their efforts, no ideal solution has come up in the matter.
In his address at the 14th CII Corporate Governance Summit, Securities and Exchange Board of India (SEBI) Chairman, Ajay Tyagi said that as a part of their continuous efforts in this direction, they recently came out with a consultation paper touching some of these issues.