Board composition rules limit total directors, require reserved seats for Scheduled Castes/Tribes and women, restrict co-opted members' voting. Amendment revises board composition and governance: the board must include reserved representation for Scheduled Castes or Scheduled Tribes and women; co-opted members with specialised experience may be added subject to a numerical cap but are excluded from voting in office-bearer elections and ineligible to be office bearers; functional directors serve on the board but are excluded from the statutory director count; directors are barred from participating in matters where they or their relatives have an interest and relatives of sitting directors cannot be recruited as employees including the Chief Executive; defined breaches cause disqualification and vacancy with related proceedings void.
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Board composition rules limit total directors, require reserved seats for Scheduled Castes/Tribes and women, restrict co-opted members' voting.
Amendment revises board composition and governance: the board must include reserved representation for Scheduled Castes or Scheduled Tribes and women; co-opted members with specialised experience may be added subject to a numerical cap but are excluded from voting in office-bearer elections and ineligible to be office bearers; functional directors serve on the board but are excluded from the statutory director count; directors are barred from participating in matters where they or their relatives have an interest and relatives of sitting directors cannot be recruited as employees including the Chief Executive; defined breaches cause disqualification and vacancy with related proceedings void.
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