Fresh KYC norms will help bring in transparency in the boardroom – Sumit Naib

It started off as a move to check proliferation of shell companies and keep a tab on unscrupulous elements in the board who misuse the system. The Ministry of Corporate Affairs announced a fresh KYC process in July for verifying credentials of Director Identification Number (DIN) holders.

Sumit Naib, Associate Director shares his views on aforementioned story for Business Standard.