Sebi seen facing hurdles in implementing proposals of Uday Kotak committee3 min read . Updated: 03 Jan 2018, 12:54 PM IST
There has been criticism that many recommendations of the Udak Kotak committee on corporate governance will drive up compliance costs and encroach into other regulators' turf
Mumbai: Two months after the Uday Kotak committee on improving corporate governance at listed companies submitted its report, the Securities and Exchange Board of India (Sebi) is finding it hard to implement its recommendations, following criticism that many of them will drive up compliance costs, and encroach into other regulators’ turf, two people aware of the matter said.
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