“Gujarat International Finance Tec-City (GIFT City) is emerging as a crucial global finance hub, attracting various financial and technology firms with its unique blend of regulatory advantages, tax...
Published On: 01/04/2018
Practice Area: Corporate & Commercial, Government & Regulatory
Authors:
Akhoury Winnie Shekhar
Ashwin Krishnan
In June 2017, the Securities and Exchange Board of India ('SEBI') constituted a committee on corporate governance under the chairmanship of Mr. Uday Kotak, to improve standards of corporate governance of listed entities in India (the 'Kotak Committee'). The Kotak Committee submitted its report on October 5, 2017, detailing several recommendations (the 'Kotak Committee Recommendations'). Thereafter, SEBI invited public comments to the Kotak Committee Recommendations, which were subsequently considered by the board of directors of SEBI (the 'Board') in its meeting on March 28, 2018.
