Hi Ankur
1. Would like to know if there is any restrictions for independent directors to accept the membership of various Board committees under CA 2013 such as
2. Can we re-name the existing sharetransfer committee as Stakeholders & Shareholders Grievance Committee to consider the grievances and also share transfers
Audit Commitee - Min 3 Dir - majority should be ID
Nomination /Remmuneration - Min 3 Dir -1/2 should be ID
CSR Commitee - Min 3 Dir - 1 should be ID
And yes you can rename existing commitee to stake holders commitee
Thanks Rohan
and would like to clarify my question- is there any specific no. of committees exceeding which independant director can not accept the membership of the said 4 committees and if yes what is the maximum no. in which Independent Director can be a member.
Regards
Vishal
No sir there is no such limit specified in companies act 2013 as on date
and also no corresponding rules circulars issued yet.
in my opinion there are no restriction on accepting such number by ID
Hello,
thereare certain restrictions mentioned in revised clause -49 of the Listing agreement for IDS.
PL.check
CAclubindia
