Hostile takeovers in India are not very common. The use of advanced takeover defenses is hardly ever required and directorial conduct in such situations never comes under any serious scrutiny. Sometime back, I wrote about the standard of conduct required of board of directors in India (click here to view the post). The post elaborates…
directors
Board of Directors – Role, duties and standard of conduct in India
As the volume of corporate activity rises in India, regulations are becoming extremely sophisticated. This article gives a brief view of how developed the Indian law is with regard to the role, duties and liabilities of the board of directors. To put some context, I will assess the standard of conduct required from the board…
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