Legal Aspects of Corporate Governance - Reflections from India

Abstract

This paper aims to review India's journey in turbulent waters of corporate governance. This paper shall focus on two large private sector failures in India due to deficiency in corporate governance. The two companies who dwindled are Satyam and Kingfisher Airlines. This paper shall discuss roles and functions that should be discharged by various stakeholders to avoid such scams. This paper shall also examine Corporate Governance from global perspective with Indian lenses. It shall examine charges of corporate governance deficit by TCI (The Children’s Investment) hedge fund against Indian Public Sector giant Coal India Limited under bilateral trade treaty between India and UK. This paper shall also recommend how such national shams can be curtailed through effective Corporate Governance. This paper aims to give you perspective of Corporate Governance in India. It examines two private sector giants and one public sector Undertaking. Further it analyzes Corporate Governance under bilateral trade treaty.