Mr. X is being appointed as an Independent Director on the Board of ABC Ltd.
PQR Ltd. is an Associate Company of ABC Ltd.
Can we appoint Mr. X (the independent Director of ABC Ltd.) as independent Director on the Board of PQR Ltd. as per Companies Act, 2013?
Ofcourse you can, no pecuniary r'ship apart from the sitting fees from ABC Ltd.
Jawahar and Associates Chartered Accountants
Hyderabad
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