Last updated: March 4th, 2024 4:58 PM
Independent Director - Companies Act 2013
An independent director is a non-executive director who does not have any kind of relationship with the company that may affect the independence of his/her judgment. An independent director should not have been a partner or executive director of the auditors/lawyers/consultants of the company in preceding three years or should not hold 2% or more of shares of the company. In this article, we look at the process for appointment of an independent director in a company. Know more about duties of an independent director.Requirement for Independent Director
As per
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