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ADR is a substitute for the more common judicial process. ADR includes methods like negotiation, conciliation, mediation and arbitration. It avoids the cost and time involved in the normal Court procedures.
An independent director is a non-executive director of a company who helps the company in improving corporate credibility and governance standards. They also ensure that there is no dominance of one individual or special interest group.
By enforcing compliance, the company can prevent and detect violations of the rules which subsequently protects the organization from fines and the lawsuits.
In the Anglo-Saxon conception, which the economic practice has also adopted in our country, the capital market is a component of the financial market together with the monetary market and the insurance market.
The Startup India Seed Fund Scheme (SISFS) is being implemented by the government with effect from 1st April 2021.
Internal control may also be defined as a process comprises of Organisation, People and Information Technology.
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