Evaluation of the performance of the Board of Directors is a recent phenomenon in India arising largely from the Companies Act, 2013 and the SEBI regulations issued in 2015.

Even prior to this there have been Companies in India which have taken a keen interest in the role & structure of the Board and have taken initiatives to go beyond legal compliance towards making the best use of the high profile & experienced talent they have accumulated in their Boards. But these have been few and far between.