Appointment of independent director

RACHANA DAGA (CS) (555 Points)

14 June 2016  

Can a Existing non-executive Director who is on Board from last 3 years, be Converted into an Independent Director is the Company Want to covert him for complying with the requirement of Independent Director, as per Companies Act 2013.

2nd Question : There is a Requirement that a Unlisted Company fulfilling some requirements have to appoint atleast 2 Independent Directors. So that 2 Independent Directors Should be in addition to the 3 minimum Directors Limit in Public Company or there can be 1 executive Director and 2 Independent Directors?