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Independent Director as consultant

This query is : Resolved 
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(Querist)
30 May 2023 Can an Independent Director work as a consultant in the same group but different company and earn both sitting fees and consultancy charges
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 May 2023 No, as he loses the independence as soon as he becomes consultant of the company.
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