Appointment of independent director

Co Act 2013 328 views 2 replies

Mr. X is being appointed as an Independent Director on the Board of ABC Ltd.

PQR Ltd. is an Associate Company of ABC Ltd.

Can we appoint Mr. X (the independent Director of ABC Ltd.) as independent Director on the Board of PQR Ltd. as per Companies Act, 2013?

Replies (2)
Yes you can appoint "x" as an independent director.

Ofcourse you can, no pecuniary r'ship apart from the sitting fees from ABC Ltd.

 


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