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Re-appointment of independent director


jatin (mira road)     13 April 2021

jatin
mira road 
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Does re-appointment of independent directors require RBI approval in specific companies?
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Sourav

Sourav (Student)     13 April 2021

Sourav
Student 
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No, In non specific companies independent directors can be re-appointed under board resolution and by the Board of Directors but not required RBI approval.

But in specific companies like NBFC etc, RBI approval is required
jatin

jatin (mira road)     13 April 2021

jatin
mira road 
 1 likes  28 points

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Is there any circular where this has been mentioned?
Sourav

Sourav (Student)     13 April 2021

Sourav
Student 
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You can find the circular on MCA website

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