Independent directors - meeting

Hello,

It is mandatory on the part of Independent Directors of the Company to meet atleast once in a "year", without the presence of Non-Indpendent Directors.

"Year" in this situation is a calendar year or financial year?  

Please let me know.  Thanq.

 

 

Replies (2)

Year means calendar year. 

Hello, Miteshji can u please suggest where it is provided that its calendar year.

Looking to the role of Indepenent Director in meeting and notification of CA-2013 , W.E.FROM 01.04.2014 , the ID's will review perfomance of the Board as  a whole.

In this year most of the ID's are appointed in agm wch held mostly say on septemebr -2014.

 

please suggest further can this meeting be taken before 31.03.2015

 

Rgds

 

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