Varnika Chaudhary & Zoya Fazar, National Law University, Jodhpur ABSTRACT Shareholder ratification is a contentious corporate governance concept intended to endorse the actions of directors post-facto which have been unauthorized. The principle of ratification in India stands at a delicate crossroad where democratic governance and dilution of responsibility meet. Unlike the common-law nations that have established guidelines regarding this concept, the Companies Act, 2013 of India does not...
Revisiting Shareholder Ratification In Indian Corporate Governance: Balancing Power And Accountability
IJLLR Journal

