Compliance lapses led to corporate scandals: FM
The Hindu
‘Simpler norms need of the hour’
Most big scandals and corporate failures in India in recent years happened for ‘want of matured compliance’, Finance and Corporate Affairs Minister Nirmala Sitharaman said on Monday, adding that the government was committed to making compliance norms simpler for businesses.
Addressing the Institute of Company Secretaries of India (ICSI) on their 53rd foundation day, Ms. Sitharaman urged them to recommend ways to simplify compliance requirements.
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