Charter of Board of Directors
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Charter of Board of Directors

Charter of Board of Directors


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About the Book

The Board of Directors (“the Board”) create a governance and ethical culture across the organisation that enable them to achieve the objectives of good corporate governance. The Board should set the company’s governance culture and values which ensures that the obligations of the company towards its stakeholders are met as per their expectations and during this process members of the Board should be able to discharge their fiduciary duties. The Board is responsible for governance oversight, key decisions making and setting up the company’s strategic goals, ensure availability of necessary resources to meet objectives of the company, review performance of the executive management, explore growth opportunities and to protect the interest of shareholders of the company and other stakeholders. The Companies Act, 2013 (‘the Act’) as well as SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have prescribed a set of roles and responsibilities for the Board. The role of the Board is more towards providing entrepreneurial and strategic leadership and ensuring a effective controls over the business activities of the company. Considering the important role of the Board in ensuring good corporate governance across the organization, it has become imperative for members of the Board to keep a vigil on matters which are placed for its consideration. Importance of the functions discharged by the Board, lay the foundation for articulating this charter by the Institute of Company Secretaries of India (ICSI) comprising legal, regulatory, as well as desirable good practices to be followed by the Board while discharging its responsibilities.


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Product Details
  • ISBN-13: 978B0CSFYR5Y3
  • Publisher: ICSI
  • Binding: Paperback
  • No of Pages: 30
  • ISBN-10: B0CSFYR5Y3
  • Publisher Date: 01-01-24
  • Language: English


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