Advisory on board process design, governance policy drafting, committee constitution, independent director induction, formal board evaluation, and Key Managerial Personnel training.

Board Process Design & Governance Advisory

Effective board governance requires more than convening quarterly meetings and maintaining board minutes. Sudhir Hulyalkar & Co. provides advisory services designed to assist companies in building boards that comply with the structural and process requirements of the Companies Act, 2013 and SEBI’s LODR Regulations — and that function as effective governing bodies capable of providing genuine oversight, direction, and management accountability. The firm’s approach addresses both the compliance dimension of board governance — which is statutory and enforceable — and the broader organisational effectiveness dimension.

Services in this area include board composition and committee structure advisory, governance policy and code drafting, independent director induction and regulatory training, formal board evaluation, and succession planning advisory. The firm advises on the constitution and functioning of Audit Committees, Nomination and Remuneration Committees, Stakeholder Relationship Committees, Risk Management Committees, and other board committees required under applicable law.

Governance Systems Architecture & Director Development

Good governance requires deliberate system design — the creation of policies, codes, processes, and accountability mechanisms that operate consistently and not only at audit time. The firm assists clients in building governance frameworks that are operational rather than notional: board process manuals, delegation of authority frameworks, reporting structures, and internal control frameworks. Customised training workshops are conducted for directors, independent directors, and Key Managerial Personnel on their specific obligations, risk management responsibilities, and governance duties under the Companies Act and SEBI regulations.
01

Board Diagnostic

Assessing the current board structure, composition, committee constitution, governance policies, processes, and compliance status against the requirements of the Companies Act, 2013 and SEBI's LODR.
02

Design & Documentation

Drafting or reviewing board policies, committee charters, governance codes, delegation of authority frameworks, and board process manuals tailored to the company's size, sector, and listing status.
03

Training & Evaluation

Conducting director induction programmes, regulatory update workshops, and formal board evaluation exercises — including independent director performance assessment.

Scope of Service

  • Board process design, meeting management, and minute recording for Board, Committee, and General Meetings
  • Policy and code drafting under the Companies Act, 2013: CSR Policy, Vigil Mechanism Policy, Risk Management Policy, Nomination and Remuneration Policy, and others
  • Board structure advisory: composition, independent director identification and induction, and committee constitution
  • Succession planning frameworks for MD, CEO, and senior management succession
  • Director training on regulatory obligations, internal controls, risk management, and governance best practices