What are the categories of the Directors under the Companies Act, 2013?
Executive, non-executive and independent directors are all recognised categories. Executive directors take part in managing the company, while non-executive directors do not…
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What are the categories of the Directors under the Companies Act, 2013?
Answer and explanation
Correct answer D
Executive, non-executive and independent directors are all recognised categories. Executive directors take part in managing the company, while non-executive directors do not hold that executive role. Independent directors must additionally satisfy the statutory independence requirements; these categories need not be mutually exclusive.
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