An Analysis of the Interface of Corporate Governance And Competition Law In India - With Specific Regards To Interlocking Directors

Abstract

With an emphasis on the topic of interlocking directors, the research seeks to investigate how corporate governance and competition legislation interact in India. When a person holds directorships in several rival businesses, this is referred to as having interlocking directors. The paper examines the legal framework in India that governs corporate law and competition law, identifying pertinent rules and their effects. Additionally, it examines the difficulties and conflicts that could develop because of directorships that overlap, focusing on how they affect market dynamics, competitiveness, and the broader governance environment. The research also highlights various case laws, and regulatory standards. Additionally, it offers policy ideas and best practices to help the Indian business environment strike a balance between encouraging good corporate governance and guaranteeing fair competition.