Stricter Norms for Corporate Governance: Punishment for Siphoning off Money from Bank Accounts of “Struck Off” Companies; Disqualifation of Directors from Being Appointed or Reappointed in Companies
In continuation of the Government’s resolve to strengthen the rules and procedures of Corporate Governance, the Government today took some major decisions to further strengthen these norms. It has been decided that in case the Director or authorized signatory of any “struck off” company tries to unauthorizedly read more