The world is now a single market and all the businessmen chooses “GO GLOBAL” strategy in order to have incredible topline, curbing the local competitions, to have better technologies, to have more scaling up investments, to access with resourceful human resources, branding synergies etc.

In the global scenario, it is evident that developed countries are extending utmost priority to the compliance and corporate governance and for which laws are framed in such a way that the stakeholders of the business get maximum benefits whether the entrepreneurs/ideators, investors/shareholders, creditors, government, employees, management officials etc.

Corporate governance is a framework of processes, principles, and mechanisms that guide how a company is directed and controlled. It is established based on defined guidelines and standards to ensure that the company sets and achieves its strategic goals and objectives within the context of social, regulatory, and market environments. Effective corporate governance promotes transparency, accountability, and ethical decision-making, aiming to maximize shareholder value while safeguarding the interests of all stakeholders, thereby ensuring the company's sustainable success over the long term.

India, being a fastest developing economy, undoubtfully one can say that the economy is not fully explored in terms of its potentiality. Being a developing economy, governments are also striving to frame the laws thereby align the system in such a way that the economy to conceive more and more FDI and fetch more cross border arrangements/join ventures and also promotes the investment habit among the citizens both in security market (Quoted Shares) as well as in the private ventures (Unquoted Shares).