Big Opportunity to be appointed as Independent Directors

Last updated: 14 March 2020

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This document provides a detailed guide to the role and requirements of Independent Directors in India. It covers who can appoint them, the specific qualifications and criteria they must meet, and the legal compliances involved. The guide also outlines the process for empanelling as an Independent Director on the databank, including mandatory requirements and fee structures. It's an essential resource for anyone looking to understand or become an Independent Director.

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Independent Directors (ID) are expected to play a significant role at the Board level and be the change agents of corporate governance. Conventionally, Independent Directors have played a monitoring and advisory role. This is the starting point for their effectiveness and requires basic knowledge of statutes (e.g., companies law). However, in order to be the drivers of change in corporate boards, Independent Directors require a set of distinct skills and, most important, the attitude to make independent judgments. Do you want to be an Independent director? If yes, this presentation is for you which covers- 1. which companies compulsorily required to appoint IDs. 2. How many IDs need to be appointed by listed and unlisted public companies 3. Who can and who cannot be an ID 4. Qualifications to become an ID 5. Compliances required by a person eligible and willing to be appointed as an ID 6. How get empanelment in Independent Directors Databank with IICA 7. Do ICAI permit practising CAs to be appointed as ID? #pdf

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Submitted by pradeep goyal · Posted 14 March 2020 · Other files by pradeep goyal · Report

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