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<h1>Independent directors must maintain integrity, be independently appointed, evaluated and replaced based on performance.</h1> Code for Independent Directors mandates integrity, objective judgment, sufficient time commitment, avoidance and disclosure of loss of independence, and support for corporate governance. It requires independent selection and shareholder approval, a formal appointment letter specifying term, duties, expectations and remuneration, public availability of terms, performance-based reappointment, replacement of vacancies within three months unless board requirements remain met, separate annual independent-director meetings to review board performance and information flow, and board-led performance evaluation excluding the director evaluated.