Appointment of id

Co Act 2013 224 views 1 replies

Dear Professionals,

Please help me to know, suppose co. A is listed Co and B is non listed. Both have one common thing i.e Mr. X (promoter/ director) in both the Companies. Mr. Y is an employee of Co.B (non listed) , can he be appointed as an Independent Director in Co. A. There is no transaction between the two companies

Replies (1)

Hi Rk Verma,

You cannot appoint the employee y as an independent director in company X

Regards

Rakesh Kumar


CCI Pro

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