GOVERNANCE CHALLENGES

-- Sanjay Kumar Gupta FCS, ACIS (London)

Understanding Governance

Ch. 2 TEXT 47

 

TRANSLATION

You have a right to perform your prescribed duty, but you are not entitled to the fruits of action. Never consider yourself to be the cause of the results of your activities, and never be attached to not doing your duty.  

Integrity

Humility

International Perspective

Challenge of recognition

The human association which in fact produces and distributes wealth --- the association of workmen, managers, technicians and directors, is not an association recognized by the law.

The association which the law does recognize – the association of shareholders, creditors and directors – is incapable of production or distribution and is not expected by the law to perform these functions.

Independent Directors

Section 149

Clause 49

How to find

Where to find

Independence to non independence

Law maker to abide

Parliament

Ministry

Departments

PSUs

Regulator

Challenge of Justice

Challenge of Procrastination

Updating laws

Antiquated laws

Implementable laws

New Legislation

Women empowerment

Ruler Lifestyle