Companies Amendment narrows 'a director' in rule 3 to exclude independent directors upon publication under Companies Act. The Central Government amends the Companies (Specification of definitions details) Rules, 2014 by inserting the words 'other than an independent director' after 'a director' in rule 3; the amendment, made under delegated powers from the Companies Act, takes effect upon publication in the Official Gazette.
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Companies Amendment narrows 'a director' in rule 3 to exclude independent directors upon publication under Companies Act.
The Central Government amends the Companies (Specification of definitions details) Rules, 2014 by inserting the words 'other than an independent director' after 'a director' in rule 3; the amendment, made under delegated powers from the Companies Act, takes effect upon publication in the Official Gazette.
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