Hello,
It is mandatory on the part of Independent Directors of the Company to meet atleast once in a "year", without the presence of Non-Indpendent Directors.
"Year" in this situation is a calendar year or financial year?
Please let me know. Thanq.
2 Replies
CS Mitesh Mehta
(Company Secretary)
(17139 Points)
Replied 07 February 2015
Year means calendar year.
Desai
(CS)
(329 Points)
Replied 07 February 2015
Hello, Miteshji can u please suggest where it is provided that its calendar year.
Looking to the role of Indepenent Director in meeting and notification of CA-2013 , W.E.FROM 01.04.2014 , the ID's will review perfomance of the Board as a whole.
In this year most of the ID's are appointed in agm wch held mostly say on septemebr -2014.
please suggest further can this meeting be taken before 31.03.2015
Rgds
Recent Topics
- What is tds12
- SECTION 148 PROCEEDING
- GST AUDIT 01 - NOTICE
- Capital gain purchase date
- Transmission of deceased's shares in physical form
- Income tax notice but unable to file updated retur
- Income tax depreciation deductions
- GST Notice (Under Section 73)
- Asset Declaration in ITR2 for flat purchased in jo
- Active pan but invalid
Related Threads
Trending Online Classes
-
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Mr.Balamurugan Ranganathan13 March 2025
CAclubindia
