Tata-Mistry battle: Sebi finds no violations, in favour of stricter norms
Market regulator Sebi feels that the board of a company can continue to seek expertise of a 'Chairman Emeritus' even after the person has left the company. However, the regulator appears to be in favour of stricter norms for removal of independent directors. This comes as an important development during the ongoing Tata-Mistry battle.
Jan 26, 2017, 17:58 PM IST