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Companies existing before commencement of the Companies Act, 2013 shall comply with provisions relating…

Under the transitional rule following s.149(5), companies existing before commencement of the Act must comply with the independent-director requirement within one year, not…

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Companies existing before commencement of the Companies Act, 2013 shall comply with provisions relating to independent directors within:

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Correct answer B

Under the transitional rule following s.149(5), companies existing before commencement of the Act must comply with the independent-director requirement within one year, not six months, two years, or three years.

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