Exemptions given to certain unlisted public companies under the Companies (Appointment and Qualification of Directors) Rules, 2014 from the appointment of independent directors

Exemptions given to certain unlisted public companies under the Companies (Appointment and Qualification of Directors) Rules, 2014 from the appointment of independent directors – reg. https://www.taxtmi.com/circulars?id=56110 Amended Rule 4 exempts unlisted public companies that are joint ventures, wholly owned subsidiaries, or dormant companies from appointing independent directors; "joint venture" means a written joint arrangement where parties sharing joint control have rights to the net assets of the arrangement, consistent with Accounting Standards. en-us Tue, 05 Sep 2017 00:00:00 +0530 Thu, 07 Sep 2017 10:18:00 +0530 TaxTMI RSS Generator Exemptions given to certain unlisted public companies under the Companies (Appointment and Qualification of Directors) Rules, 2014 from the appointment of independent directors – reg. https://www.taxtmi.com/circulars?id=56110 Amended Rule 4 exempts unlisted public companies that are joint ventures, wholly owned subsidiaries, or dormant companies from appointing independent directors; "joint venture" means a written joint arrangement where parties sharing joint control have rights to the net assets of the arrangement, consistent with Accounting Standards. Circulars Companies Law Tue, 05 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56110