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SES is of the opinion that there cannot be two set of laws. One for PSUs and other for all other companies. PSUs cannot be treated with kid gloves...
SES has observed that the many companies have misinterpreted the provisions of the law related to appointment of Auditors.
SES is of the opinion that, both on governance ground as well as legal grounds, SES finds that Mr. V Balakrishnan cannot be treated as an Independent Director, as he has a transaction with the Company...
SES is of the view that if the Investigation Report is not made public in full, NRN will lose his credibility and prove that he was firing wrong shots ostensibly to hurt individuals he disliked and which undeniably caused irreparable damage...
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