[MMB HDF01] Sebi chief also said u cant just make claims n go .. independent directors also are liable and have to substantiate thei...

SEBI's emphasis on independent director accountability is part of broader efforts to enhance corporate governance and protect minority shareholder interests. This can lead to better corporate practices across the market.

• •Sebi chief stated that independent directors are liable.
• •Independent directors have to substantiate their claims.
• •Risk flag: Increased regulatory scrutiny on specific companies
• •Risk flag: Potential for independent director resignations if accountability is too high