prakash (Company Secretary) (1352 Points)
29 October 2014Dear All,
Husband and wife, who does not have any monetary and financial relationship with the company, can be appointed as independent directors of public company on same day as per section 149 of the Companies Act, 2013.
i opine, only either of two can be appointed as ID, not Two.
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 30 October 2014
Yes, Sec.149(6)(b)(ii) requires that independent director should not be related to any director of the company.
CAclubindia
