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Hello,
This is Prakhar this side. I am from India, actually my doubt is related to the roles of Non Executive directors in the company.
i wanna ask you that the role of NEDs in Nomination Committee, Remuneration Committee and Audit Committee, isn’t it dominating that the these Non Executive Directors are in every committee and they can easily dominate in every decisions of the company. And they also can be misguided and can be corrupted by by any external forces in advantage of any decision causing any harm to them.thanks
Hoping for my eagerly and immediately (if possible)The point of that NEDs is that they do dominate these committees so that fairer and more independent decisions are made.
Of course, everyone (including NEDs) can make errors and suffer from temptation, but because their remuneration is not linked to company performance and is usually relatively small, they should be more independent
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