Sebi plans join venture with corporates to boost independent director framework
Chakraborty, who joined the bank’s board in 2021 and oversaw its merger with HDFC Ltd, later indicated that the alleged mis-selling of Credit Suisse’s perpetual bonds may have been a point of disagreement with management. While he refrained from divulging detailed boardroom discussions, the episode renewed the debate over how effectively independent directors can challenge management decisions in complex, high-stakes environments.
