The Composition of Nomination and Remuneration Committee in a company is and out of which shall...........

Companies Act-Phase (I & II) Directors - powers and appointment

The Composition of Nomination and Remuneration Committee in a company is__________________and out of which ______________shall be independent directors.

2 or more non executive directors out of which 1 should be independent director

3 or more non executive directors out of which not less than 1/2 should be independent directors

4 or more non executive directors out of which 2 should be independent directors

None of the above

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Explanation:

As per section 178 of Companies Act, 2013 the Nomination and Remuneration Committee in a company shall consists of 3 or more non executive directors out of which not less than 1/2 should be independent directors.