Difference b/w independent director and non- executive direc


This query is : Resolved 

04 October 2014 As we know the composition of Nomination Committee that is

" A. The company through its Board of Directors shall constitute the nomination and remuneration committee which shall comprise at least three directors, all of whom shall be non-executive directors and at least half shall be independent.Chairman of the committee shall be an independent director.

Can any one tell me the difference between non- executive and independent Directors?

05 October 2014 directors that are not involved in day to day activities of the company are called non-executive directors.

Among non-executive directors, you can have independent and non-independent directors.

Independent directors are the directors who have no relationship with the company, its directors, shareholders etc.

06 October 2014 Ok thanku Sir for ur reply

06 October 2014 you are welcome...........


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