https://www.taxtmi.com/news?id=15557 The Committee recommends excluding joint ventures, wholly owned subsidiaries and dormant companies from the mandatory appointment of independent directors, aligning the independent director vacancy replacement period in Schedule IV with the three month period in the Rules and listing regulations, treating pre Act ESOPs as non retrospectively affected, linking the separate independent directors' meeting to the financial year, retaining existing woman director thresholds, and clarifying that DIR 11 is an intimation facility that does not itself effect register changes. en-us Tue, 02 Feb 2016 18:52:30 +0530 Tue, 02 Feb 2016 18:52:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15557 The Committee recommends excluding joint ventures, wholly owned subsidiaries and dormant companies from the mandatory appointment of independent directors, aligning the independent director vacancy replacement period in Schedule IV with the three month period in the Rules and listing regulations, treating pre Act ESOPs as non retrospectively affected, linking the separate independent directors' meeting to the financial year, retaining existing woman director thresholds, and clarifying that DIR 11 is an intimation facility that does not itself effect register changes. News - Tue, 02 Feb 2016 18:52:30 +0530 https://www.taxtmi.com/news?id=15557