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non executive director

vivek (ca student) (37 Points)

18 May 2018

wtether can we further classified to the non executive directors?

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Shiwali Garg (CHARTERED ACCOUNTANT) (413 Points)
Replied 18 May 2018

Yes..independent and non independent directors are the two categories of non executive directors.

vivek (ca student) (37 Points)
Replied 18 May 2018

but wherever I read about non executive director it define only as independent director.

CA Sunil Kumar (Chartered Accountant) (4514 Points)
Replied 18 May 2018

agree with Shiwali Garg.
A non-executive director may be an independent or dependent director. Independent director here means a director who does not have any material monetary relationship with the company except his approved remuneration.

Jatin Bajaj (CS) (2928 Points)
Replied 18 May 2018

Non Executive Directors are not involved in day to day affairs , control and management of the Company. All the Directors other than the executive Directors are non executive Directors as Executive Directors are the Whole Time Directors.

So both the Independent and the Directors other than the Whole Time Directors are involved in non executive Directors.

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