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<h1>Code for Independent Directors prescribes conduct, appointment, evaluation and replacement rules affecting tenure and reappointment.</h1> The Code for Independent Directors under the Companies Act prescribes professional conduct, role, duties, appointment and institutional mechanisms for independent directors. It requires adherence to integrity, objective judgment and avoidance of conflicts; breach or loss of independence must be reported and may lead to cessation of independence. It assigns board-level functions--oversight of strategy, risk, financial integrity, stakeholder protection and remuneration--with corresponding duties to attend, inform, seek expert advice, protect confidential information and report unethical conduct, thereby affecting tenure and reappointment. Appointment must be shareholderapproved, formalised by a letter of appointment and published; resignation, removal and replacement procedures, separate independentdirector meetings and performance evaluation determine continuation of term.