https://www.taxtmi.com/article/detailed?id=2047 Proposals require a SEBI Code for independent directors, a SEBI-maintained appointment panel with mandated company sourcing, an upper ceiling on independent directorships and limits on committee chairs, and restrictions on certain public officeholders and recently retired bureaucrats. They prescribe age and qualification minima, mandatory training and a Director Manual, alternatives to formal appointment letters, tenure limits with a specified cooling-off period prohibiting reappointment or association during that period, clarified nominee director liabilities, resignation disclosures to the board, and recognition, rotation and support for a lead independent director. en-us Thu, 28 Feb 2013 16:50:49 +0530 Thu, 28 Feb 2013 16:50:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=2047 Proposals require a SEBI Code for independent directors, a SEBI-maintained appointment panel with mandated company sourcing, an upper ceiling on independent directorships and limits on committee chairs, and restrictions on certain public officeholders and recently retired bureaucrats. They prescribe age and qualification minima, mandatory training and a Director Manual, alternatives to formal appointment letters, tenure limits with a specified cooling-off period prohibiting reappointment or association during that period, clarified nominee director liabilities, resignation disclosures to the board, and recognition, rotation and support for a lead independent director. Articles Corporate Laws / IBC / SEBI Thu, 28 Feb 2013 16:50:49 +0530 https://www.taxtmi.com/article/detailed?id=2047