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    Independence of Director

    Posted By : Sarah Bhandari / Published on : 06-Oct-2018 10:58 PM / View : 458 / Comment : 1

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    Dear Members,

    I have a question that is

    How does a director self-certify and intimate his independence to the company? At what point of time does this need to be done?
    Read more on : director independence

    • Dear Sarah, An independent director shall self certify that he satisfies the criteria laid down under section 149 (6) of the Act, 2013 at the following points of time: 

      - At the first board meeting in which he participates as a director

      - At the first board meeting in every financial year

      - Whenever there is a change in the circumstances which may affect his status as an independent director

       

      06-10-2018 / 05:07:57 AM
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