maximum number of independent directors in a company plz??
Shubham Jha (127 Points)
19 January 2019
maximum number of independent directors in a company plz??
8 Replies
CA Naveen Chand
(Chartered Accountant)
(12739 Points)
Replied 19 January 2019
1/3 of the total directors
Aashish Bansal
(Article)
(698 Points)
Replied 19 January 2019
there is no limit on maximum no. of directors
pritesh jain
(155 Points)
Replied 20 January 2019
there is a limit you have to follow section 152 also
pritesh jain
(155 Points)
Replied 20 January 2019
no you can't appoint all independent directors as you required some directors who shall be eligible for retire by rotation
Aashish Bansal
(Article)
(698 Points)
Replied 20 January 2019
Actually its like 2/3 of your total director should be rotational director and 1/3 of it should retire in every AGM...
but here total director doesn't include Independent Directors...
so consider a situation where all of your directors are independent.. hence total director for this section =0
hence no one should be rotational...
but here total director doesn't include Independent Directors...
so consider a situation where all of your directors are independent.. hence total director for this section =0
hence no one should be rotational...
Recent Topics
- Transportation bill
- Write off of unsecured loan to a Firm
- Claim of ITC more than 2B
- How to go Old regime to new regime
- "How should I begin preparing for CA foundati
- SBI or State Bank of India Passbook printing forma
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Requirement to prepare Consolidated financial stat
- Government grant not repayable
- Late fess for challan PMT 06 under self assessment
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
