Dir
Divya Jeswani (student) (217 Points)
10 November 2015Divya Jeswani (student) (217 Points)
10 November 2015
Rahul Chilal
(CA, CS, DISA)
(713 Points)
Replied 10 November 2015
No an independent director of holding company cannot be appointed as independent director in subsidiary company. The definition of Independent Director itself gives that he should not be a director in subsidiary or associate company.https://goo.gl/tWg6Fe
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India