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(42)    The project report on Corporate Governance is a combined effort of all those who gave their time and direction for the purpose of its accomplishment. The report consists of knowledge and experience of those people. I would like to dedicate this project to all those who are directly or indirectly involved in the making of this report and all those workmen who have lost their lives while earning their livelihood working hard. I would also like to thank such people for their sincere effort and guidance. Although every one contributed a lot but I would like to own my special thanks to my project coordinator Adv. N. K. Dhondy without whom this project wouldn͛t have been possible. He imparted me with lots of knowledge and direction whenever required, and empowered me. I would also like to thank Mr. Amrish Patel Chancellor SVKM, Dr. Rajan Saxena, Vice-Chancellor NMIMS University, Dr. P.K. Garg Dean Technology management.. Lastly I would like to apologize for any indifferent behavior while dealing with any of the related person..  ’c c  !  c c.

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(76) Dc9* '* "ccc"&"cc $"c#c  cc"*$c!  !c' &* "c#c c * +1c cDcc&- c#c'' $c""1c 'cc ’Dc52' +c "  "c $&' !cc "#c#c$$cc"&(" $$+c$$c"""c% c"&$c  cc"$c#cc * +)c )c $'"c "&$'c c c & +c c  c ## $+c  'c c  c ! $c "$'c * !"c  'c "&$'c (c  #*'c #c c &$"c  $&' !c  !c  '&"c c ! c! $c"$'c* !"Kc )c$'"c"&$'c(c#& "'c%c"&##  c 'c*$+c #* c    !cc'c $  c 'c! 'c#c! $c* !"c"c%$$c"c#&$$c 'c*$+c #* c !' !cc ""&"cc(c' ''ccc* !)c )c$'"c"&$'ccc& +cc".c3&" "ccc('c $&' !c3&" "c $ !ccc &$c2 $c&'cc$ c*"c cc! 'c#c! $c* !"c 'cc "c"$& "c"&(0 cc" ($c$* ")c ’)c 5## c "$'c   c  c .+c c !  c ' " "c "& c "c c *  c 'c$  c#c('c**("c"&$'c(c# $')c $'"c"&$'c(c($cc*.cc%"c. % c cc*&  c$ +c#c('c **("c  'c .+c 2 &")c c 3&+c *  c #c * " c " *"c #c ('c **("c 'c*$+"c"&$'c(c"&(0 cc"$'c$)c a)c $'"c "&$'c (c ($c c c  c " c c  c (" c  'c 3&$c ## c "&$'c (c ! cc"c%c "c c" cc c(" )c 4)c $c"& &"c 'c !* "cc ($c  c"$'"cc( cc'!c#c.  $c'" ccc3&+c% "c"&$'c(c'" $"')c 5)c."c#c c  $c"&$'c(c$$%'cc#&  c c c##  c 'c " c * )c )c c &$"c  'c  '&"c !  !c c  3&" c #c c  $c  c c $c *."c  'c 2' +c  "  "c "& c "c*!"c  'c "$"c #c "&(" $c  "c #c. c"""c"&$'c(c $$+c &$'c 'c'" $"'c"cc ""c& '" 'cc !"c 'c &")c "  "c"&$'c. &cc " c "c 'c& 'c#c  ' "c c cc!"c#c$$c"$'"c. ' !ccc $"")c. ’c c  !  c c.

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(78) V)c  """c  'c  '&"c #c ! $c "$'c * !"c "&$'c $$%c #c 3&($c * c #c $$c "$'")c * +c  '&"c "&$'c c *.c c & '&$+c '## &$c c 2 "cc "c")c /)c "'c' !c 'c(&"c"$#'$ !c"&$'c(c(')c )c *("c #c c ('c  'c .+c 2 &"c "&$'c (c 3&'c c '" $"c c c ('c %c+c' $+c  ' $+c c  c($#c #c'c"ccc*$c "c c +c  "  cc*c' $+c##  !cc  )c.     d) /  ")0 & -. )d". )/& v  ? /+ /-)   )/v- v? ) . (c  c! c ,c c !5cc!c c, c"c "c c c !cc!cc !cc &  c" c   c c , c c !c c + "c c c "c c c  c *c 9)cc!"c#c".$'"ccc"($"'c(+c$%cc&!c*&&$c!* "ccc (c" ')c /)cBc".$'c ""cc 'c(+c$%c".$'"c"&$'ccc& +c c( c## c'""c#c$ c#cc!")c )c #*    !c *  "*"c #c *$+c   c "&$'c (c *'c c '$)c 4)c Bc ".$'"c  c  c c c !  c  ""c +c "&$'c c . ""cc$ c"&##  c 'c$($c #* c cc*$+c 'c!&$c("")c 5)c.$'"c $&' !c ''&$c*$+"c 'cc" c('"c"&$'c(c($c c#$+c **&  cc   "c(&c$$!$cc&  $c  "ccc('c 'cc !"c"&$'c c(c **"'c#c' !c")c >)c c c !  c #*%.c "&$'c (c *$* 'c (+c  c ## c ##  c  "$ +c#*%.c 'c(+c## c # * c#c 'c!")c c c c c. Vc c  !  c c.

(79)  . &? "&$/ )-v   /-v& +-/)v ? . (c   c ! c  ,c  c c c c c c  c c c c c c c !!c c    c !c c c  c  c cc! c cc *c 9)c4" $"&c"&$'c $&'c(&c c(c$*'cc*$c #* c Kc )cc#  $c 'c !c"&$"c#cc * +)c )c * +c(0 ")c ’)c0c"c% "c 'c !c!")c a)c7*&  c$ +c#c**("c#cc('c 'c.+c2 &"c 'c #* c(&c ('c **("c  $&' !c c 3&$#  "c c "$  c  ""c c * +c ' ""c 'c%c+cc!''c"c ' ' c(+cc(')c V)c7$'c+c "  ")c )c>"($c".c# ")c ;)c""&"c!' !c*$+"c 'cc".$'")c =)c  c"& &"c 'c $ "c c &$cc   c#c +c c!  c. 'cc$ +c 'cc ""c(+c% cc"c*$* ')c /)c #* c"&$'c(c'c 'c'" $"'c c. ' c%c!c3&$+c" ''"c#c . &  !c 'c#  $c 'c  #  $c'" $"&)c )c9 c &$c&'c"&$'c(c  '& 'c(+c c ' ' c * c 'c3&$#'c&'c c 'c c 'c  c 2 $c  'c (0 c ""& c c c ('c  'c "$'"c c c #  $c"* "c#$+c" cc#  $c" c 'c#* c#cc * +c c $$c*$c" ")c 4)c52 $c&'"c"&$'c(c. & ($ccc"$'"c 'c%cc'&+ccc * +c c2 "c'&c#"" $c c cc  '& c#cc&')c 5)c  $"c #c '""*  !c  #* c "&$'c 'c #c 3&$c *$+c  'c "##  c . ""cc$ c #* c(+c&"")c >)c c c !  c #*%.c "&$'c (c *$* 'c (+c  c ## c  c c ''"""c  'c *"c c " c #c  $+""c c ' c (+c  $+""c (."c  !c ! "c  'c "c c "c $ c c ' " "c (+c  ""c #c #*c *$c  #$ "c #c  "cc*!c **"cc !+c#cc $+""cc' )c c c  !  c c.

(80)    d) / )& +v&. ")& 0 d) -/. . c. (c   c ! c  ,c  c c c !c !c c c  c c c   !c c !c "c c " c c c " 3c  "c  c c  ccc *c 9)c/'c**("c"&$'c c cc#&$$+c #*'c(""c c!'c#c%c '&c'$! c 'c. c 'c cc("c "c#cc * +c 'cc"$'")c /)cBc('c' " "c*+c## c'## c"$'c!&"c'## $+cc('c"&$'c c$$c"$'"c#$+)c )c c ('c "&$'c $+c !c  $c " ''")c c "&$'c .c  c . & c c  ""c #c ".$'")c 4)cc('c"&$'c#&$#$c  c.+c#&  "c $&' !Kc )c7% !c 'c!&' !c c"!+c*0c$ "c#c  c".c$ +c &$c(&'!"c  'c(&" ""c$ "1c" !c#* c(0 "1c*  !c*$*  c 'c c #* 1c 'c" !c*0c $c2 '&"c 'c 3&" ")cc )c  !cc##  ""c#cc * +,"c!  c  "c 'c*. !c  !"c"c '')c ’)c $  !c * " !c *  !c  'c % c  ""+c $  !c .+c 2 &"c  'c " !c"&. "" c$  !)c a)c 9$!  !c .+c 2 &c  'c ('c *&  c %c c $ !c *c  ""c #c c. * +c 'c"c"$'")c V)c5 "& !cc#*$c 'c " c('c *  c 'c$  c "")c )c  !c 'c* ! !c $c  #$ "c#c "c#c* !* c('c**("c 'c "$'"c $&' !c*"&"c#c c"""cc ;)c 5 "& !c c  !+c #c c  ,"c . &  !c  'c #  $c  !c "+"*"c  $&' !c c  ' ' c &'c  'c c c "+"*"c #c  $c c  c $ c  c  &$c"+"*"c#c".c* !* c#  $c 'c $c  $c 'c *$ c%c c$%c 'c$ c" ''")c =)c6" !cc ""c#c'" $"&c 'c **&   ")c 5)cc('c"&$'c(c($cc2 "c(0 c ' ' c0&'!* c c c##")c ;c c  !  c c.

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