Professional conduct

The independent director according to the part I of the schedule IV must:-

  1. Sustain ethical standards.
  2. To be impartial while discharging his duties.
  3. Perform his responsibilities in the interest of the company.
  4. Allocate the necessary time to fulfil his professional obligations so as to facilitate him in an informed decision making.
  5. Not allow any unnecessary considerations that will hamper his independent judgment, while taking decisions for the benefit of the company.
  6. Not to abuse his position.
  7. Abstain from actions that would cause him to lose his independence.
  8.  Assist the company in incorporating good corporate governance.