Student at Symbiosis Law School, Pune, India.
The Start-ups in their initial stage find it a challenge to have a corporate governance practice in place especially when they are struggling to break even. However, as they grow the need for such compliances now become apparent and often due to fast pace growth there are certain lapses in the corporate governance compliances within the organisation. The author in the present research paper have analysed and identified the need for start-ups to comply with corporate governance from very inception. The recent case studies of corporate governance lapses at Zomato and Bharat pe has been highlighted. Further, effort has been made to identify challenges faced by start-ups in India which indirectly make founders or directors reluctant to comply with corporate governance norms in some cases. Towards, the end several measures have been recommended on how start-ups can make compliance with corporate governance norms a part of the very culture of the organization.
International Journal of Law Management and Humanities, Volume 5, Issue 4, Page 578 - 583DOI: https://doij.org/10.10000/IJLMH.113349
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