Under the Companies Act, 2013, "Independent director" refers to director under:
Section 2(47) defines "independent director" as an independent director referred to in s.149(6), which lays down the qualifications for that office. Section 149(1) deals…
Choose your answer
Under the Companies Act, 2013, "Independent director" refers to director under:
Answer and explanation
Correct answer A
Section 2(47) defines "independent director" as an independent director referred to in s.149(6), which lays down the qualifications for that office. Section 149(1) deals with the composition of the Board, s.150 with selection from the data bank, and s.152(6) with retirement by rotation.
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