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.
Radhika (Company Secretary) (303 Points)
07 February 2015Hello,
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.
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
CAclubindia
