https://www.taxtmi.com/article/detailed?id=5928 The document sets out statutory composition requirements and qualifying criteria for independent directors, prescribing shareholder approved, management independent appointment procedures, mandatory letters of appointment, and data bank selection subject to company due diligence. It requires declarations of independence, details professional conduct and role obligations under Schedule IV, mandates at least one independent directors' meeting annually, and defines tenure limits, remuneration entitlements, processes for vacancies, resignation and removal, and the limited scope of director liability. en-us Tue, 02 Dec 2014 08:53:11 +0530 Tue, 02 Dec 2014 08:53:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5928 The document sets out statutory composition requirements and qualifying criteria for independent directors, prescribing shareholder approved, management independent appointment procedures, mandatory letters of appointment, and data bank selection subject to company due diligence. It requires declarations of independence, details professional conduct and role obligations under Schedule IV, mandates at least one independent directors' meeting annually, and defines tenure limits, remuneration entitlements, processes for vacancies, resignation and removal, and the limited scope of director liability. Articles Corporate Laws / IBC / SEBI Tue, 02 Dec 2014 08:53:11 +0530 https://www.taxtmi.com/article/detailed?id=5928