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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Independent directors requirement applies to specified public companies; vacancies must be promptly filled and certain unlisted classes excluded.</h1> Specified public companies must appoint at least two independent directors where prescribed financial thresholds, as shown in the latest audited financial statements, are met; higher audit-committee-driven composition requirements prevail. Interim vacancies must be filled by the board by the next meeting or within three months. A company not meeting thresholds for three consecutive years is exempt until it meets any condition again, and specified classes of unlisted public companies are excluded from the primary requirement.

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