Corporate Governance & Compliance

Good Corporate Governance contributes to sustainable economic development by enhancing the performance of companies and increasing their access to outside capital. It ensures that corporations conduct their business in a fair and transparent manner that can withstand scrutiny from stakeholders, including shareholders, employees, customers, suppliers, and the broader community. Compliance in this context means conforming to a rule, such as a policy, standard, specification, or law. Corporate Compliance involves adhering to a wide array of regulations and laws enacted by the authorities. In India, this might include compliance with the Companies Act of 2013, SEBI regulations, Import-Export Compliances, FDI Compliances, RBI Compliances, and other relevant statutory obligations. Together, Corporate Governance and Compliance help in preventing corporate scandals, fraud, and potential civil and criminal liability of the company. They also contribute to a positive corporate image and the building of public trust. As the regulatory environment becomes more complex, the role of compliance is becoming more central and integrated into the daily operations of companies, ensuring they are equipped to meet their legal obligations while fostering a culture of ethical conduct.