Abstract
The role of independent directors has come under the scanner following the Satyam debacle, and the en masse resignation of independent directors that followed. Professor Khanna and Mr. Mathew argue, on the basis of extensive interview evidence, that there is no clear understanding of the role that an independent director is expected to play in the boardroom. Further, they demonstrate that doubts over the applicability of civil and criminal liability laws to independent directors are often a cause of concern, and argue that these concerns must be addressed in the proposed reform to India's company legislation.
Recommended Citation
Khanna, Vikramaditya and Matthew, Shaun J.
(2010)
"The Role of Independent Directors in Controlled Firms in India: Preliminary Interview Evidencer,"
National Law School of India Review: Vol. 22:
Iss.
1, Article 3.
Available at:
https://repository.nls.ac.in/nlsir/vol22/iss1/3
