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Date of appointment of Independent Directors

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Senior Assurance
43 Points Joined March 2013
exactly when are independent directors to be appointed when the limits of section 149(6) crossed?
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On 20 January 2018 at 13:16 Report
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cs
641 Points Joined September 2017
which limit u r referring to?
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On 20 January 2018 at 18:00
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Professional
4294 Points Joined May 2013

Hi Abhishek,

Independent Directors are require to be appointed pursuant to section 149 (4) and Rule 4 of The Companies (Appointment and Qualification of Directors) Rules, 2014.

Section 149 (6) explains who can be an Independent Director but its requirement arises from above mentioned section.

 

Thanks...:)

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On 20 January 2018 at 23:37
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article
98 Points Joined April 2016
The Act has failed to expressly provide the exact time within which ID should be appointed if the prescribed limit is crossed.

However, as a matter of practice and logically, ID should be appointed in the BM immediately held after the time when the prescribed limits got crossed.
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On 21 January 2018 at 17:26

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