Can Independent Director hold shares in the company in which he is a Independent Director.
Menu
Independent director
Replies (3)
As per section 149(6), Independent Director shall neither himself or from any of his relatives holds 2% or more of the total voting power of the Company. if he holds 2% or more he does not qualify to be appointed fro the independent director
yes,maximum 2% allowed (with relatives)
Thank you !!
Recent Topics :
- INCLUDING PROFITS FROM REIT / INVIT IN SHARE TRADI
- Tempsens Instruments IPO GMP Allotment Listing dat
- Upload Type - Correction. Not showing in TDS filli
- Partnership tax audit query
- ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
- Form 146 foreign remittance us citizen
- GST 16(2) notice
- Which GSTR-1 upload error do you hit most often?
- Need advice regarding accounting fees
- Is it possible to get a refund for an accidental o
Related Topics :
CAclubindia
