Section 197(2)

    Posted By : CS Shiriti / Published on : 18-Jan-2020 06:58 AM / View : 106 / Comment : 0
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    Section 197(2) provides for insurance provision for
    managing director, whole-time director, manager, chief
    executive officer, chief financial officer or company
    secretary for indemnification against any liability. Since
    the term ‘independent director’ is not used, whether
    independent directors are covered under this insurance?
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