Independent director

can independent director be appointed for unlisted entity?
Replies (2)
As per Rule 4 of Companies (Appointment and Qualification of Directors) Rules, 2014, following unlisted public companies shall have atleast 2 directors as independent directors
1.Public companies with paid-up share capital of RS.10 crores or more
2.Public Companies with turnover of RS.100crores or more
3.Public Companies with aggregate outstanding loans, debentures, and deposits, exceeding RS.50 crores.

Hope it helps.
-Sai Chandu Reddy
They can appoint the independent director, but it is not compulsory

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details