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Independent director

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 October 2018 Dear Expert,

If private limited company has net profit over 5 Cr then Independent director needs to be appointed for fulfilling CSR applicability or in any way Independent director is required to be appointed?

Thanks in advance.
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
15 October 2018 Private Company need not require Independent Director

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