Appointment of independent director

270 views 4 replies

Can a Existing non-executive Director who is on Board from last 3 years, be Converted into an Independent Director is the Company Want to covert him for complying with the requirement of Independent Director, as per Companies Act 2013.

2nd Question : There is a Requirement that a Unlisted Company fulfilling some requirements have to appoint atleast 2 Independent Directors. So that 2 Independent Directors Should be in addition to the 3 minimum Directors Limit in Public Company or there can be 1 executive Director and 2 Independent Directors?

Replies (4)

Ans. to Q.1: Yes, he can be appointed as ID.

Ans. to Q.2:  Minimum no. of directors prescribed in the Act includes IDs also.  

 

in case 1, non executive directors can be appointed as ID provided he qualifications of the companies act 2013, 

in case 2, the min no. of directors under companies act is includes both ordinary director and ID. 

Thanks

 

If the Director is an Executive Director, can his designation be changed into non-executive Independent Director.

No - Refer Sec.149(6)(e).

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 29 June 2026
Article Assistant

Alvino Consultancy LLP

Mumbai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details