Why is India Inc struggling to find enough independent directors?

Why is India Inc struggling to find enough independent directors?

Some 14 years ago, India’s corporate sector was put to a severe test. In 2009, we saw the unveiling of the biggest scandal in corporate India’s history with the Satyam Computer Services scam. 

That scam is relevant to this discussion because it resulted in an unprecedented mass exodus of Independent Directors from the boards of multiple Indian companies, and eventually led to the amendment of the laws concerning their appointment. 

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