Board statement on independent director proficiency required; opinion on integrity, expertise and assessment-based proficiency must be disclosed. Companies must include a board statement on the integrity, expertise, experience and proficiency of independent directors appointed during the year, where 'proficiency' is ascertained from an online proficiency self-assessment test conducted by the institute notified under the relevant statutory provision governing director proficiency.
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.
Board statement on independent director proficiency required; opinion on integrity, expertise and assessment-based proficiency must be disclosed.
Companies must include a board statement on the integrity, expertise, experience and proficiency of independent directors appointed during the year, where "proficiency" is ascertained from an online proficiency self-assessment test conducted by the institute notified under the relevant statutory provision governing director proficiency.
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