TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Regulation 62N: Independent Directors' Duties and Limits for Listed Entities with Debt Securities</h1> Regulation 62N of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 outlines obligations for independent directors of a listed entity with non-convertible debt securities. Key provisions include restrictions on alternate director appointments, tenure limits per the Companies Act, and shareholder approval for appointments or removals via special resolution. Independent directors must meet annually without management, assess board performance, and ensure effective information flow. Liability is limited to knowledgeable acts. Vacancies must be filled within three months unless board compliance is maintained. Familiarization programs and D&O insurance are mandatory, and a one-year gap is required before reappointment as an executive director.
TaxTMI 
TaxTMI 
