Directors - powers and appointment

Companies Act-Phase (I & II)

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An Independent Director is a director who is:

Managing Director of the Company

Whole-time director of the company

Nominee Director of the company

A non-executive director of a company to ensure corporate credibility and governance standards

All of the Above

Explanation:

As per Companies Act, 2013 , An Independent Director in relation to a company means a director other than Managing Director of the Company, Whole-time director of the company, Nominee Director of the company.

By: Vikas Goyal

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