Please advice me in case of Independent Directors
In case of a public holding co, its Associate Company has it whole time Employee on salary basis. can this Employee is Eligible For an Independent Director
Ramji Kumar Dubey (Auditor and Financial Advisor) (129 Points)
12 September 2014Please advice me in case of Independent Directors
In case of a public holding co, its Associate Company has it whole time Employee on salary basis. can this Employee is Eligible For an Independent Director
prakash
(Company Secretary)
(1352 Points)
Replied 12 September 2014
Dear Dubey,
As per section 149(6), he is not eligible for appointment of independent director.
Ramji Kumar Dubey
(Auditor and Financial Advisor)
(129 Points)
Replied 12 September 2014
Ramji Kumar Dubey
(Auditor and Financial Advisor)
(129 Points)
Replied 12 September 2014
prakash
(Company Secretary)
(1352 Points)
Replied 12 September 2014
it is section 149 (6) (e) (i) of the Companies Act, 2013
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 13 September 2014