New rules on Corp Gov: Appointment of one independent director by small shareholders Certification course and training for

independent directors Compulsory whistle blower mechanism Prohibiting grant of affirmative rights to certain investors Approval of managerial remuneration by disinterested shareholders Greater monitoring by institutional investors Enforcement for non-compliance of norms Indep dir.- Need to disclose reason for resignation Splitting of post of Chariman cum MD Better aligned with proposed Company Bill Will enhance trust in the capital market Rationalising pay of CEOs Mandatory rotation of audit partners Related-party transactions ( RPT) by listed companies obtain shareholders approval, especially in cases of divestment of shares in subsidiaries

New Companies bill: 5 crore or more profit in 3 yrs- 2 per cent of their average profits of the preceding three years towards CSR activities - penalties on non compliance Rotating auditors