Good governance is fundamental to reinforce the financial framework and to withstand the any emergency, both inner and outer. It is viewed as that good corporate governance moves, reinforces and keeps up investor's certainty by guaranteeing company's sense of duty regarding higher development and benefits. The laws managing the assurance of shareholders and the implementation of such laws decide the financial quality of any nation. In this paper, I expound the corporate governance components with regards to the legal framework in India. The Indian legal provisions identified with corporate governance is investigated and the point of this paper is to give a review of the legal provisions identified with corporate governance in India and recognized the significant issues and difficulties that should be routed to execute a viable arrangement of corporate governance in India.