Lex comply

    Query related to tenure of Independent Director

    Posted By : SHALU / Published on : 15-Jun-2021 10:44 AM / View : 119 / Comment : 0
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    Dear Members,

    Please share your views on below stated query wrt to Listed Company-

    If an independent director was appointed on 16th May, 2017 subject to shareholders approval in AGM held on 30th September, 2017.
    Her first term of 5 years expires in May, 2022 whereas the AGM is generally held in the month of September.

    My query is when and how shall we re-appoint her for her next tenure in order to comply with the Companies Act and SEBI (LODR) Regulations so that our composition of BOD is not disturbed.

    Read more on : director independent tenure related query

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