• Dr. Meenu Maheshwari

Corporate Governance is a system by which companies are directed and controlled. It has obligations towards various stakeholders in corporation. The board is recognized as the top layer of the corporate house which has the responsibility of governing the company. The board appoints various committees and shades them with its power. This research paper highlights the structure, size and strength of the board as per SEBI’s LODR 2015. For this purpose, three gas, fuel and refining sector companies have been taken which are included in BSE Sensex viz. GAIL, ONGC and RIL. The study shows that RIL has the largest number of directors in 2014-15 and 2015-16 and best combination among ED, NED and ID in the board. GAIL and ONGC did not have any woman director in their boards as per requirement of SEBI’s LODR 2015. It is suggested that RIL should appoint at least one nominee director in board structure of the company.

Corporate Governance, SEBI, LODR, Board of Directors, Executive director, non-executive director

"“CORPORATE BOARD AND GOVERNANCE”-AS PER SEBI’S LODR 2015: WITNESS FROM INDIAN GAS, FUEL AND REFINERY SECTOR COMPANIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.977-982, June 2019, Available :http://www.jetir.org/papers/JETIR1906I23.pdf

"“CORPORATE BOARD AND GOVERNANCE”-AS PER SEBI’S LODR 2015: WITNESS FROM INDIAN GAS, FUEL AND REFINERY SECTOR COMPANIES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp977-982, June 2019, Available at : http://www.jetir.org/papers/JETIR1906I23.pdf