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Corporate
Women Directors as Alternate Directors: Seeking Clarifications
A version of this article was posted on April 13, 2016 on the author’s LinkedIn page, and can be accessed here Introduction In the August of 2015, BASF India appointed Germany-based Andrea Frenzel as a non-executive director to comply with the law on having women directors on company boards.[1] On the same day it appointed N J Baliga, a male, as an alternate director to attend meetings in place of Frenzel.[2] Proxy firm Shareholder’s empowerment Services (“SES”) has termed th
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