independent director
Nilay shah (4 Points)
13 June 2019
can a member with 28% sharehoilding be appointed as independent director??
3 Replies
Ayush Chauhan
(8 Points)
Replied 14 June 2019
No , as he is involved in pecuniary relationship with the company he is not eligible to be appointed as an independent director
sai krishnamangipudi
(2 Points)
Replied 18 June 2019
his relatives can hold 2% of the share capital not more than that
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