INDEPENDENT DIRECTOR (ID): The term is defined in sec 149(5). In nut shell, a person qualifies for being appointed as the ID if (a) he is not the Promoter or related to the promoters of the company, its holding co., subsidiary companies or associate companies (together termed as the Group Compani
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About the Author

CS

Hi..I am Sitansh Magia from Mumbai. I am management law graduate (BBA LL.B.) and Company Secretary. I have also obtained certification from CIMA - UK i.e. Diploma in Management Accounts. I have over 16 years of post-qualification experience and have worked with major industrial houses such as Reliance ADA Group, Lodh ... Read more


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