by Venkat Ramanujam Sankar Ram | Sep 9, 2023 | FAQ
The term “Independent Director” has been defined in the Act, along with few new necessities identifying new prerequisites relating to their appointment, duties, role, and responsibilities. The provisions relating to the appointment of Independent Directors are...
by Venkat Ramanujam Sankar Ram | Sep 9, 2023 | FAQ
Professional conduct The independent director according to the part I of the schedule IV must:- Sustain ethical standards. To be impartial while discharging his duties. Perform his responsibilities in the interest of the company. Allocate the necessary time...
by Venkat Ramanujam Sankar Ram | Sep 9, 2023 | FAQ
The standards and professional conduct that is expected by the directors have been laid down under Schedule IV of the Companies Act,2013. Venkat Ramanujam Sankar RamAuthor Sa. Venkat Ramanujan is a Certified Environment Social Framework Specialist of Word Bank...
by Venkat Ramanujam Sankar Ram | Sep 9, 2023 | FAQ
Part VIII of the Code for Independent Directors provides that based on the performance evaluation report term of an independent director may be extended or he may be reappointed. The performance evaluation of the independent director is to be conducted by the entire...
by Venkat Ramanujam Sankar Ram | Sep 9, 2023 | FAQ
The independent directors of the company shall hold an exclusive meeting at least once in the financial year. The meeting shall be without the non-independent directors. All the independent directors of the companies must be present at such meetings. The agenda of the...