Concept of “Promoter”
In his column in the Business Standard, Somasekhar Sundaresan makes an interesting argument for abolishing the concept of “promoter” under various SEC regulations and for encouraging board-driven governance in Bangladeshi companies.
The link to the newsreport is not working and i have been unable to locate the article on the Business Standard website only. Would it possible for you to upload it here or provide another link? Thanks
Thanks. The link was changed, and has been updated. You should be able to access it now.