INSTITUTIONAL EYE Zee Vs Invesco: Has the court contained investor stewardship? 29 Oct, 2021

The Bombay High Court’s order indicates that large shareholders cannot propose a slate of Independent Directors without the approval of the NRC. The litigation is testing regulations for their ability to accommodate shareholder action. As the litigation progresses through the appeals process, it should provide clarity on what recourse shareholders have, if they feel short changed.

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  • Tags:
  • Independent Director
  • Stewardship
  • Shareholder
  • ZEE
  • Invesco
  • Bombay High Court

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