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    Public companies shall have at least 2 Independent Directors

    Posted By : SARIKA / Published on : 20-Jun-2022 07:10 AM / View : 373 / Comment : 0

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    Under Companies Act 2013, Following class of public companies shall have at least 2
    Independent Directors:

    ? Public company having paid?up share capital of Rs. 10 Crore or
    more;
    ? Public company having turnover of Rs. 100 Crore or more;
    ? Public company having aggregate outstanding loan,
    debentures and deposits exceeding Rs. 50 Crore.

    In case of Private Comp[any which is WOS of limited Company that comp[any also need to be appoint the Independent Director in the Board ?

    Read more on : independent directors least have companies shall public

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