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FAQs - Vinod Kothari Consultants

faqs faqs on appointment of independent directors Vinod Kothari Vinita Nair Updated June 10, 2014. Check at: for more write ups. Copyright: This write up is the property of Vinod Kothari & Company and no part of it can be copied, reproduced or distributed in any manner. Disclaimer: This write up is intended to initiate academic debate on a pertinent question. It is not intended to be a professional advice and should not be relied upon for real life facts. faqs on appointment of independent directors faqs The old mindset on appointment of directors appointment as additional director first, then regularisation in a general meeting, followed by retirement by rotation etc all of this will have to change completely in case of independent directors. The key point is Schedule IV, (1) (2) and (3). The language of the Schedule suggests that the appointment will have to be done by the general meeting. Seemingly the provisions of the Act, 2013 and the rules issued thereunder relating to appointment and qualification of directors and independent directors are creating a lot of confusion.

FAQs on appointment of independent directors FAQs The old mindset on appointment of directors – appointment as additional director first, then regularisation in a …

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